Morgan Stanley Maintains Equal-Weight on SmartRent, Raises Price Target to $3.4
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erik Woodring maintains an Equal-Weight rating on SmartRent (NYSE:SMRT) and raises the price target from $3.3 to $3.4.
August 09, 2023 | 2:59 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley maintains an Equal-Weight rating on SmartRent and raises the price target from $3.3 to $3.4.
The news is directly related to SmartRent as Morgan Stanley maintains an Equal-Weight rating on the company and raises the price target. This suggests that the analyst sees potential in the company but also acknowledges risks. The impact on the stock price is neutral in the short term as the rating is maintained and the price target increase is minimal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100