Morgan Stanley Reiterates Equal-Weight on Alector, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Matthew Harrison has reiterated an Equal-Weight rating on Alector (NASDAQ:ALEC) and maintained a $10 price target.
August 07, 2023 | 2:46 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Alector and maintained a $10 price target.
The news is directly about Alector and its rating by Morgan Stanley. The Equal-Weight rating suggests that the analyst believes the stock is fairly valued at its current price, indicating no significant short-term price movement. However, investors should monitor the stock for any changes in market sentiment.
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