Morgan Stanley Maintains Equal-Weight on Prudential Financial, Lowers Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally maintains an Equal-Weight rating on Prudential Financial (NYSE:PRU) and lowers the price target from $105 to $102.
June 02, 2023 | 12:01 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Equal-Weight rating on Prudential Financial and lowers the price target from $105 to $102.
The news directly mentions Prudential Financial (NYSE:PRU) and the lowered price target by Morgan Stanley. This may cause some short-term uncertainty among investors, but the Equal-Weight rating suggests that the stock is expected to perform in line with the market, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100