Morgan Stanley Maintains Equal-Weight on Idacorp, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Equal-Weight rating on Idacorp (NYSE:IDA) and raises the price target from $96 to $98.
May 28, 2024 | 5:29 pm
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Morgan Stanley's analyst David Arcaro has maintained an Equal-Weight rating on Idacorp and raised the price target from $96 to $98.
The raised price target from $96 to $98 by a reputable analyst at Morgan Stanley is a positive signal for investors, indicating a slight upward revision in the stock's valuation. However, the Equal-Weight rating suggests a neutral stance, implying that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100