Morgan Stanley Reiterates Equal-Weight on Bandwidth, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Meta Marshall has reiterated an Equal-Weight rating on Bandwidth (NASDAQ:BAND) and maintained a $15 price target.

August 04, 2023 | 1:30 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Bandwidth and maintained a $15 price target.
The news is directly about Bandwidth and its rating by Morgan Stanley. The Equal-Weight rating suggests that the analyst believes the stock is fairly valued at its current price, which could mean that the stock price may not change significantly in the short term. The maintained price target also indicates that the analyst's valuation of the company has not changed.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100