Morgan Stanley Maintains Equal-Weight on Resideo Technologies, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erik Woodring has maintained an Equal-Weight rating on Resideo Technologies (NYSE:REZI) and lowered the price target from $21 to $16.
August 04, 2023 | 7:06 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Resideo Technologies and lowered the price target from $21 to $16.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Resideo Technologies' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100