Morgan Stanley Maintains Equal-Weight on Ncino, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Ncino (NASDAQ:NCNO) and increased the price target from $27 to $30.
March 27, 2024 | 6:23 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Ncino and raised the price target from $27 to $30.
The increase in price target by a reputable analyst like James Faucette from Morgan Stanley suggests a positive outlook on Ncino's stock, potentially leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100