Morgan Stanley Maintains Overweight on Akero Therapeutics, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Ulz has maintained an Overweight rating on Akero Therapeutics (NASDAQ:AKRO) but lowered the price target from $70 to $33.
October 11, 2023 | 1:19 pm
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Morgan Stanley has maintained an Overweight rating on Akero Therapeutics but lowered the price target from $70 to $33.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Akero Therapeutics in the short term. However, the maintained Overweight rating indicates that the analyst still sees potential in the company's stock.
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