Morgan Stanley Initiates Coverage On Zenas BioPharma with Overweight Rating, Announces Price Target of $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on Zenas BioPharma with an Overweight rating and set a price target of $40.
October 08, 2024 | 11:22 am
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Morgan Stanley has initiated coverage on Zenas BioPharma with an Overweight rating and a price target of $40, indicating a positive outlook.
The initiation of coverage by a major financial institution like Morgan Stanley with an Overweight rating and a specific price target suggests a positive outlook for Zenas BioPharma. This is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100