Morgan Stanley Sees Attractive Risk/Reward For Cvent

In a report published Thursday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on

. In the report, Morgan Stanley noted, “CVT posted another strong quarter with Marketing once again driving the bulk of revenue outperformance. We think the stock's risk/reward profile looks increasingly attractive following the recent pullback in the group, but continue to see greater relative opportunity in other high-growth names like NOW and VEEV.” Cvent closed on Wednesday at $23.46.