Morgan Stanley Maintains Overweight on Alphatec Holdings, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Drew Ranieri maintains an Overweight rating on Alphatec Holdings (NASDAQ:ATEC) but lowers the price target from $19 to $16.
July 15, 2024 | 4:47 pm
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Morgan Stanley analyst Drew Ranieri maintains an Overweight rating on Alphatec Holdings (NASDAQ:ATEC) but lowers the price target from $19 to $16.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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