Morgan Stanley Downgrades Stevanato Gr to Equal-Weight, Announces $34 Price Target
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Drew Ranieri has downgraded Stevanato Gr (NYSE:STVN) from Overweight to Equal-Weight and set a price target of $34.
August 24, 2023 | 9:17 am
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Stevanato Gr has been downgraded by Morgan Stanley from Overweight to Equal-Weight with a new price target of $34.
The downgrade from Morgan Stanley could potentially lead to a decrease in the stock price of Stevanato Gr in the short term. The new price target of $34 also provides a benchmark that could influence investor sentiment and trading behavior.
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