Morgan Stanley Reiterates Equal-Weight on Seagen, Maintains $229 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Matthew Harrison has reiterated an Equal-Weight rating on Seagen (NASDAQ:SGEN) and maintained a price target of $229.

August 04, 2023 | 1:49 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Seagen and maintained a price target of $229.
The news is directly about Seagen and is important for investors as it provides an insight into the company's valuation according to Morgan Stanley. However, since the rating and price target have been maintained, it does not suggest any significant change in the company's outlook, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100