Morgan Stanley Puts $123 Price Target on Ormat Shares
Dow Jones Newswires reports Morgan Stanley set a $123 per-share price target on geothermal power producer Ormat Technologies, per Benzinga data.
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what happened
Dow Jones Newswires reports that Morgan Stanley has set a $123 per-share price target on Ormat Technologies, a company engaged in geothermal power generation. The information is based on analyst ratings data compiled by Benzinga.
why it matters
A single analyst's price target does not by itself change a company's financial results, so its effect on the stock is usually limited. Investors evaluating Ormat tend to focus more on its earnings and demand for renewable electricity.
tags
instruments
sources
- Ormat Technologies Price Target Announced at $123.00/Share by Morgan Stanley — Dow Jones Newswires, 29 October 2026 at 18:09 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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