Morgan Stanley Reiterates Overweight on WW International, Maintains $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk has reiterated an Overweight rating on WW International (NASDAQ:WW) and maintained a $13 price target.
August 04, 2023 | 7:32 pm
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Morgan Stanley has reiterated an Overweight rating on WW International, maintaining a $13 price target. This could potentially boost investor confidence in the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. An Overweight rating suggests that the analyst believes the stock will outperform its industry in the near term. Maintaining the price target indicates that the analyst's outlook on the company has not changed. This could potentially boost investor confidence in the stock, leading to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100