Morgan Stanley Maintains Overweight on Altus Power, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on Altus Power (NYSE:AMPS) but lowered the price target from $12 to $11.

October 17, 2023 | 2:01 pm
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Morgan Stanley has maintained an Overweight rating on Altus Power but lowered the price target from $12 to $11.
The news is directly related to Altus Power as Morgan Stanley has maintained an Overweight rating on the company but lowered the price target. This could indicate a potential decrease in the stock's value in the short term, but the Overweight rating suggests that the company is still expected to outperform its peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100