Morgan Stanley Maintains Equal-Weight on Charles River, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ricky Goldwasser has maintained an Equal-Weight rating on Charles River (NYSE:CRL) and lowered the price target from $235 to $220.

October 24, 2023 | 12:23 pm
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Morgan Stanley has maintained an Equal-Weight rating on Charles River and lowered the price target from $235 to $220.
The news directly pertains to Charles River (CRL). The lowered price target could indicate a less optimistic outlook for the company, but the maintained Equal-Weight rating suggests that the analyst still sees the stock as fairly valued. This could lead to neutral short-term price movement.
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IMPORTANCE 80
RELEVANCE 100