Morgan Stanley Raises Price Targets for Various Companies

Morgan Stanley made significant moves in the energy and retail sectors, setting new price targets for multiple companies. Firstly, the investment bank reaffirmed its support for Pacific American Energy, increasing its price target to $23.

Furthermore, Morgan Stanley also set its sights on energy companies, assigning a new price target of $74.00 for Edison International and a revised prediction for Academy Sports and Outdoors at $60.00. Additionally, the analysts at Morgan Stanley also gave an update for Pacific Gas & Electric, a price target which is unknown, [based on the headline].

Lastly, a new price target of $18.00 was given for Trevi Therapeutics by Morgan Stanley. The changes are seen as a vote of confidence in these companies, signaling optimism for their financial performance.