Morgan Stanley Maintains Endava plc - Depositary Receipt with Equal-Weight Recommendation, Analysts Project 126.57% Upside Potential

Morgan Stanley maintains Endava plc - Depositary Receipt (DAVA) with an Equal-Weight recommendation. Analysts forecast a 126.57% upside, with an average one-year price target of $16.63/share. The projected annual revenue is 1,542MM, an increase of 104.13%. Total shares owned by institutions decreased by 4.91% to 41,461K shares.