Stock Track | Resideo Technologies Soars 12.37% in Pre-market After Morgan Stanley Raises Price Target

Stock Track

02/25

Resideo Technologies, Inc. (REZI) saw its stock price surge 12.37% in pre-market trading on Wednesday.

The sharp rise follows an upgrade from Morgan Stanley, which raised its price target on the company to $50 from $42 while maintaining an Overweight rating. This positive analyst action signals increased confidence in Resideo's future performance and has driven investor optimism.

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(REZI) saw its stock price surge 12.37% in pre-market trading on Wednesday.</p><p>The sharp rise follows an upgrade from Morgan Stanley, which raised its price target on the company to $50 from $42 while maintaining an Overweight rating. 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