Morgan Stanley Reinstates Overweight on Vertex, Announces $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stan Zlotsky has reinstated Vertex (NASDAQ:VERX) with an Overweight rating and announced a $25 price target.
September 18, 2023 | 9:30 am
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Morgan Stanley has reinstated Vertex with an Overweight rating and a $25 price target, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. An Overweight rating suggests that the analyst believes the stock will outperform its industry in the market. The $25 price target indicates the analyst's confidence in the stock's potential to reach this price, which could attract investors and drive up the stock price.
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IMPORTANCE 80
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