Morgan Stanley Initiates Coverage On EHang Holdings with Overweight Rating, Announces Price Target of $27.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Cindy Huang initiates coverage on EHang Holdings (NASDAQ:EH) with an Overweight rating and a price target of $27.5.
May 06, 2024 | 9:48 am
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Morgan Stanley initiated coverage on EHang Holdings with an Overweight rating and a price target of $27.5.
The initiation of coverage by Morgan Stanley with an Overweight rating and a specific price target suggests a positive outlook on the stock, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100