Morgan Stanley Maintains Equal-Weight on Verra Mobility, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Verra Mobility (NASDAQ:VRRM) and increased the price target from $18 to $19.
November 10, 2023 | 2:28 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Verra Mobility and raised the price target from $18 to $19, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like James Faucette from Morgan Stanley suggests a positive sentiment towards Verra Mobility's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100