Morgan Stanley Reiterates Overweight on Perimeter Solutions, Maintains $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has reiterated an Overweight rating on Perimeter Solutions (NYSE:PRM) and maintained a $12 price target.
August 04, 2023 | 9:32 am
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Morgan Stanley has reiterated an Overweight rating on Perimeter Solutions and maintained a $12 price target.
The reiteration of an Overweight rating by a major financial institution like Morgan Stanley indicates a positive outlook for the company. This could potentially lead to an increase in investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100