Morgan Stanley Maintains Equal-Weight on Verra Mobility, Raises Price Target to $20
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 $19 to $20.

February 27, 2024 | 4:06 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on Verra Mobility and raises the price target from $19 to $20.
The increase in price target by a reputable analyst like James Faucette from Morgan Stanley suggests a positive outlook on Verra Mobility's stock, potentially leading to short-term price appreciation. The Equal-Weight rating indicates a neutral long-term view, but the raised target price signals confidence in near-term performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100