Morgan Stanley Maintains Equal-Weight on Sonendo, Lowers Price Target to $4.6
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erin Wright has maintained an Equal-Weight rating on Sonendo (NYSE:SONX) and lowered the price target from $5 to $4.6.
November 09, 2023 | 2:42 pm
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Morgan Stanley has maintained an Equal-Weight rating on Sonendo and lowered the price target from $5 to $4.6.
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 Sonendo's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100