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Morgan Stanley Reaffirms Their Hold Rating on Elbit Systems (ESLT)

Tipranks - Sat Mar 21, 3:51PM CDT

In a report released today, Kristine Liwag from Morgan Stanley maintained a Hold rating on Elbit Systems, with a price target of $1,115.00.

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According to TipRanks, Liwag is a 5-star analyst with an average return of 14.9% and a 63.52% success rate. Liwag covers the Industrials sector, focusing on stocks such as Aercap Holdings, L3Harris Technologies, and RBC Bearings.

In addition to Morgan Stanley, Elbit Systems also received a Hold from TipRanks – Anthropic’s Anthropic Aerospace and Defense in a report issued yesterday. However, today, TipRanks – xAI reiterated a Buy rating on Elbit Systems (NASDAQ: ESLT).

Based on Elbit Systems’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of USD2.19 billion and a net profit of USD171.63 million. In comparison, last year the company earned a revenue of USD1.93 billion and had a net profit of USD89.99 million

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