Morgan Stanley Initiates Coverage On Hubbell with Equal-Weight Rating, Announces Price Target of $407
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on Hubbell with an Equal-Weight rating and set a price target of $407.
September 06, 2024 | 1:46 pm
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Morgan Stanley has initiated coverage on Hubbell with an Equal-Weight rating and set a price target of $407, indicating a neutral stance on the stock.
The initiation of coverage by Morgan Stanley with an Equal-Weight rating suggests a neutral outlook, meaning the stock is expected to perform in line with the market. The price target of $407 provides a specific valuation benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100