Watsco shares are trading higher after Morgan Stanley maintained an Underweight rating on the stock but raised its price target from $326 to $337.
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Underweight rating on Watsco's stock but increased its price target from $326 to $337. This has led to a rise in Watsco's share price.
September 22, 2023 | 4:07 pm
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Morgan Stanley has maintained an Underweight rating on Watsco but raised its price target, leading to a rise in Watsco's share price.
The news directly pertains to Watsco as Morgan Stanley has maintained an Underweight rating on the company but raised its price target. This has led to a rise in Watsco's share price, indicating a positive short-term impact.
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IMPORTANCE 80
RELEVANCE 100