Morgan Stanley lowers NovaGold Resources price target to $13
NG Novagold Resources Inc
$6.71 +6.85%
View chart & analysis → - 1NovaGold Resources shares have fallen 55% from their March 2 closing high.
- 2NovaGold Resources closed at $6.36 on October 7.
- 3Morgan Stanley's revised $13 price target represents 104% upside from that closing price.
So what's the key point?
Morgan Stanley has lowered its target price for NovaGold Resources to $13. This suggests the stock still has room to grow from its current price.
Source TIKR · View original ↗
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