Morgan Stanley Maintains Underweight on Agiliti, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Drew Ranieri has maintained an Underweight rating on Agiliti (NYSE:AGTI) and reduced the price target from $10 to $8.
November 14, 2023 | 2:03 pm
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Morgan Stanley analyst has reiterated an Underweight rating on Agiliti and lowered the price target from $10 to $8, indicating a bearish outlook.
The reduction in price target by a major financial institution like Morgan Stanley suggests a negative perception of Agiliti's future stock performance. This could lead to a decrease in investor confidence and a potential short-term decline in AGTI's stock price.
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IMPORTANCE 80
RELEVANCE 100