Morgan Stanley began coverage on shares of ERock (NYSE:EROC – Free Report) in a research note issued to investors on Monday, Marketbeat reports. The firm issued an overweight rating and a $21.00 price objective on the stock.
Several other equities research analysts have also weighed in on the stock. Wall Street Zen raised shares of ERock to a “hold” rating in a report on Saturday, June 20th. Bank of America began coverage on ERock in a report on Monday. They issued a “neutral” rating and a $16.00 target price on the stock. Evercore started coverage on ERock in a report on Monday. They set an “outperform” rating and a $28.00 price objective on the stock. Finally, Wolfe Research initiated coverage on ERock in a research note on Monday. They set an “outperform” rating and a $24.00 price target on the stock. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, ERock currently has an average rating of “Moderate Buy” and a consensus target price of $22.62.
Read Our Latest Stock Analysis on ERock
ERock Price Performance
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