Morgan Stanley Maintains Equal-Weight on Vir Biotechnology, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Equal-Weight rating on Vir Biotechnology (NASDAQ:VIR) and raised the price target from $12 to $15.

June 06, 2024 | 1:12 pm
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Morgan Stanley has maintained an Equal-Weight rating on Vir Biotechnology and raised the price target from $12 to $15.
The raised price target from $12 to $15 by a reputable firm like Morgan Stanley is likely to have a positive short-term impact on Vir Biotechnology's stock price, as it reflects increased confidence in the company's valuation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100