Morgan Stanley Upgrades Ball to Overweight, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has upgraded Ball Corporation to an Overweight rating and increased its price target from $69 to $78.
September 04, 2024 | 10:47 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley analyst Angel Castillo has upgraded Ball Corporation from Equal-Weight to Overweight, raising the price target from $69 to $78. This suggests a positive outlook on Ball's stock performance.
The upgrade from Equal-Weight to Overweight by a major financial institution like Morgan Stanley indicates increased confidence in Ball's future performance. The raised price target to $78 suggests potential upside in the stock price, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100