Morgan Stanley Maintains Overweight on Natera, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Tejas Savant has maintained an Overweight rating on Natera (NASDAQ:NTRA) but reduced the price target from $70 to $68.

November 10, 2023 | 2:16 pm
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Morgan Stanley has maintained an Overweight rating on Natera but lowered the price target from $70 to $68, indicating continued confidence but with a slightly reduced growth outlook.
While the reduction in price target could suggest a more conservative outlook on Natera's future growth or valuation, the maintenance of an Overweight rating implies that Morgan Stanley still sees the stock as a good investment relative to the market or sector. The impact on the stock price is likely to be neutral in the short term as the reduction in target price is minimal and does not change the overall positive stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100