Morgan Stanley Maintains Equal-Weight on Transocean, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Daniel Kutz maintains an Equal-Weight rating on Transocean (NYSE:RIG) and raises the price target from $5 to $6.
October 03, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on Transocean and increased the price target from $5 to $6, indicating a positive outlook.
The increase in price target from $5 to $6 by Morgan Stanley suggests a positive outlook for Transocean, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100