Moog price target raised to $188 from $143 at Morgan Stanley

Morgan Stanley analyst Kristine Liwag raised the firm’s price target on Moog (MOG.A) to $188 from $143 and keeps an Equal Weight rating on the shares. The firm raised targets for Moog and General Dynamics (GD) as it marks-to-market valuation, the analyst tells investors in an Aerospace & Defense preview note. Heading into the quarter, the firm favors commercial aftermarket versus original equipment manufacturers and “pockets of Defense,” the analyst noted.