Morgan Stanley Maintains Equal-Weight on Transocean, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has maintained an Equal-Weight rating on Transocean (NYSE:RIG) and raised the price target from $8 to $9.

October 17, 2023 | 2:45 pm
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Morgan Stanley has maintained an Equal-Weight rating on Transocean and raised the price target from $8 to $9.
The news is directly related to Transocean (RIG) as Morgan Stanley has maintained an Equal-Weight rating on the company and raised the price target. This could potentially lead to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100