Morgan Stanley Maintains Equal-Weight on Corebridge Financial, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally maintains an Equal-Weight rating on Corebridge Financial (NYSE:CRBG) and lowers the price target from $26 to $24.
June 15, 2023 | 1:20 pm
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Morgan Stanley maintains an Equal-Weight rating on Corebridge Financial and lowers the price target from $26 to $24.
The news directly mentions Corebridge Financial (CRBG) and the lowered price target by Morgan Stanley. This may cause some investors to reevaluate their positions, but the Equal-Weight rating suggests that the stock is still fairly valued. The short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100