Morgan Stanley Upgrades Chart Industries to Overweight, Maintains Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has upgraded Chart Industries (NYSE:GTLS) from Equal-Weight to Overweight, maintaining the price target at $175.
September 16, 2024 | 11:43 am
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POSITIVE IMPACT
Morgan Stanley has upgraded Chart Industries to Overweight, indicating a positive outlook on the stock. The price target remains at $175, suggesting confidence in the company's future performance.
The upgrade from Equal-Weight to Overweight by Morgan Stanley suggests increased confidence in Chart Industries' performance. Maintaining the price target at $175 indicates that the analyst believes the stock is undervalued at its current price, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100