Laureate Education shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $15 to $17.
Portfolio Pulse from Benzinga Newsdesk
Laureate Education's stock has been upgraded from Equal-Weight to Overweight by Morgan Stanley, which also raised its price target from $15 to $17.
August 07, 2023 | 2:31 pm
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Morgan Stanley's upgrade of Laureate Education's stock and raised price target could lead to a short-term increase in the stock's price.
Analyst ratings and price targets can significantly influence a stock's price. An upgrade from Equal-Weight to Overweight suggests that Morgan Stanley believes the stock will outperform the market, which could attract investors and drive up the stock's price. Additionally, the raised price target from $15 to $17 indicates an expected increase in the stock's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100