UPDATE: Morgan Stanley Upgrades National Vision Holdings (EYE) to Overweight

(Updated - October 14, 2021 7:26 AM EDT)

Morgan Stanley analyst Simeon Gutman upgraded National Vision Holdings (NASDAQ: EYE) from Equalweight to Overweight with a price target of $70.00 (from $57.00).

The analyst commented, "Our upgrade is based on the Optical category bucking the reversion trend over the next two years, allowing the segment and EYE to continue growing through ’23. In addition to a healthy growth outlook that should stand out relative to most retailers, we think EYE is one of the best-positioned growth stories in our coverage."

For an analyst ratings summary and ratings history on National Vision Holdings click here. For more ratings news on National Vision Holdings click here.

Shares of National Vision Holdings closed at $56.27 yesterday.

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