Morgan Stanley Initiates Coverage On Lineage with Overweight Rating, Announces Price Target of $100
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on Lineage (NASDAQ:LINE) with an Overweight rating and set a price target of $100.
August 19, 2024 | 4:54 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has initiated coverage on Lineage with an Overweight rating and a price target of $100, indicating a positive outlook for the stock.
The initiation of coverage by a major financial institution like Morgan Stanley with an Overweight rating suggests confidence in Lineage's future performance. The $100 price target indicates potential upside, likely leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100