Morgan Stanley Maintains Overweight Rating for PagerDuty: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Morgan Stanley has maintained its Overweight rating for PagerDuty (NYSE:PD) but lowered its price target from $35.00 to $32.00. PagerDuty's shares are currently trading up 1.44% at $23.89 per share. A move to $32.00 would represent a 33.95% increase from the current share price.
September 20, 2023 | 5:00 pm
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Morgan Stanley maintains Overweight rating for PagerDuty but lowers price target from $35.00 to $32.00. Shares are trading up 1.44% at $23.89.
The news of Morgan Stanley maintaining its Overweight rating for PagerDuty is positive for the company. However, the lowering of the price target from $35.00 to $32.00 might create some uncertainty among investors. Despite this, the shares are trading up, indicating a positive market response.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100