Morgan Stanley Maintains Equal-Weight on Fastly, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sanjit Singh has maintained an Equal-Weight rating on Fastly (NYSE:FSLY) and raised the price target from $18 to $19.
August 04, 2023 | 1:36 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Fastly and raised the price target from $18 to $19.
The raised price target by Morgan Stanley indicates a positive outlook for Fastly. 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