Morgan Stanley Maintains Equal-Weight on Idacorp, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Equal-Weight rating on Idacorp and raises the price target from $94 to $102.
August 23, 2024 | 4:25 pm
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Morgan Stanley has maintained its Equal-Weight rating on Idacorp while increasing the price target from $94 to $102, indicating a positive outlook.
The increase in price target from $94 to $102 by Morgan Stanley suggests a positive outlook for Idacorp, which could lead to a short-term increase in stock price. The maintenance of an Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100