Securitas Receives Positive Update from Morgan Stanley
Securitas has received a revised price target from Morgan Stanley, a leading financial institution. The updated price target is 120 kronor, a change from the previous estimate.
Key Details
- The revised price target represents a significant increase from the previous estimate.
- Morgan Stanley has maintained its underweight rating for Securitas, indicating that the company’s stock is undervalued.
Morgan Stanley’s Assessment
Morgan Stanley has reiterated its underweight rating for Securitas, suggesting that the company’s stock is undervalued. This assessment is reflected in the revised price target of 120 kronor.
Potential Impact
The revised price target and underweight rating from Morgan Stanley may have a positive impact on investor sentiment. This could potentially drive up the stock price of Securitas.