Morningstar shares are trading higher after UBS initiated coverage on the stock with a Buy rating and a $390 price target.
Portfolio Pulse from Benzinga Newsdesk
Morningstar shares rose following UBS's initiation of coverage with a Buy rating and a $390 price target.
October 08, 2024 | 3:50 pm
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POSITIVE IMPACT
UBS initiated coverage on Morningstar with a Buy rating and a $390 price target, leading to a rise in the stock price.
The initiation of coverage by UBS with a Buy rating and a specific price target of $390 is a positive signal to investors, likely increasing demand for the stock and driving up the price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100