Morgan Stanley Reiterates Overweight Rating, $95 PT on Teleflex on Underappreciated Factors

In a report published Friday, Morgan Stanley reiterated its Overweight rating and $95.00 price target on Teleflex

. Morgan Stanley noted, “Teleflex is a multi-year, restructuring story, but don't let an in-line quarter obscure the company's progress. Several underappreciated factors from the quarter leave us more comfortable with our recent upgrade and our out-of-consensus $7.00 2015 EPS estimate.” Teleflex closed on Thursday at $78.34.