Morgan Stanley Maintains Overweight on Vertex, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stan Zlotsky has maintained an Overweight rating on Vertex (NASDAQ:VERX) and increased the price target from $25 to $30.
November 10, 2023 | 2:29 pm
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Morgan Stanley analyst Stan Zlotsky reaffirmed an Overweight rating on Vertex and raised the price target to $30, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Stan Zlotsky from Morgan Stanley typically signals a bullish outlook on the stock, suggesting that the company's fundamentals or growth prospects have potentially improved. This can lead to increased investor confidence and a short-term rise in the stock price.
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