Morgan Stanley Maintains Overweight on Catalent, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Tejas Savant has maintained an Overweight rating on Catalent (NYSE:CTLT) and raised the price target from $52 to $55.

August 30, 2023 | 2:13 pm
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Morgan Stanley has maintained an Overweight rating on Catalent and raised the price target from $52 to $55. This could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence a stock's price. An Overweight rating suggests that the analyst believes the stock will outperform the market, while a raised price target indicates an expectation of future price increase. Both of these factors could potentially lead to an increase in Catalent's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100