Resideo price target raised to $50 from $42 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Resideo (REZI) to $50 from $42 and keeps an Overweight rating on the shares. The firm, which updated estimates following a “better-than-feared” Q4 report and FY26 outlook, feels “incrementally better” about execution, but adds “there is more ‘wood to chop’ in 2026.”