Morgan Stanley Maintains Overweight Rating for Stevanato Gr: Here's What You Need To Know


Morgan Stanley has decided to maintain its Overweight rating of Stevanato Gr STVN and raise its price target from $29.00 to $34.00.

Shares of Stevanato Gr are trading down 2.09% over the last 24 hours, at $30.52 per share.

A move to $34.00 would account for a 11.4% increase from the current share price.

About Stevanato Gr

Stevanato Group SPA is a provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries. It delivers an integrated, end-to-end portfolio of products, processes, and services that address customer needs across the entire drug life cycle including development, clinical, and commercial stages. Stevanato's revenue is geographically diversified, with 60% of sales from Europe, the Middle East and Africa (EMEA), 27% in North America, 10% in Asia-Pacific (APAC), and 3% from South America. It has two segments Biopharmaceutical and Diagnostic Solutions and Engineering.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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