Morgan Stanley Maintains Equal-Weight on SmartRent, Lowers Price Target to $3.2
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erik Woodring has maintained an Equal-Weight rating on SmartRent (NYSE:SMRT) and lowered the price target from $3.4 to $3.2.
November 08, 2023 | 9:36 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on SmartRent and lowered the price target from $3.4 to $3.2.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on SmartRent's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100