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Morgan Stanley Maintains Equal-Weight Rating for National Vision Holdings: Here's What You Need To Know

Author: Benzinga Insights | November 13, 2023 01:00pm

Morgan Stanley has decided to maintain its Equal-Weight rating of National Vision Holdings (NASDAQ:EYE) and lower its price target from $20.00 to $19.00.

Shares of National Vision Holdings are trading up 0.0% over the last 24 hours, at $18.43 per share.

A move to $19.00 would account for a 3.09% increase from the current share price.

About National Vision Holdings

National Vision Holdings Inc is an optical retailer in the U.S. Its product portfolio includes eyeglasses and sunglasses, contact lenses, accessories, and other products. The company has two operating segments; Owned and Host segment includes company-owned brands America's Best and Eyeglass World, In America's Best stores, vision care services are provided by optometrists or by independent professional corporations and Host operating consist of Military and Fred Meyer which provide eye exams by independent optometrists, and the Legacy segment manages the operations of, and supplies inventory and lab processing services to Legacy retail Vision Centers. It earns a majority of its revenue from the Owned and Host segment.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: EYE

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