Research analysts at Morgan Stanley assumed coverage on shares of ERock (NYSE:EROC – Get Free Report) in a research report issued on Monday, MarketBeat.com reports. The firm set an “overweight” rating and a $21.00 price target on the stock. Morgan Stanley’s price objective would indicate a potential upside of 34.44% from the company’s current price.
Other equities research analysts have also recently issued research reports about the stock. Wolfe Research began coverage on shares of ERock in a report on Monday. They set an “outperform” rating and a $24.00 target price on the stock. Wall Street Zen raised ERock to a “hold” rating in a report on Saturday, June 20th. Bank of America began coverage on ERock in a research report on Monday. They issued a “neutral” rating for the company. Finally, Evercore initiated coverage on ERock in a report on Monday. They set an “outperform” rating and a $28.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, ERock has a consensus rating of “Moderate Buy” and an average target price of $24.25.
ERock Stock Performance
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