Morgan Stanley Maintains Overweight on Endava, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette maintains an Overweight rating on Endava (NYSE:DAVA) and raises the price target from $70 to $72.
September 14, 2023 | 1:34 pm
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POSITIVE IMPACT
Endava's price target has been raised from $70 to $72 by Morgan Stanley, which maintains an Overweight rating on the stock.
The raised price target by Morgan Stanley indicates a positive outlook for Endava. This could potentially lead to an increase in the stock's price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100