B of A Securities Initiates Coverage On MSCI with Underperform Rating, Announces Price Target of $470
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Heather Balsky initiates coverage on MSCI (NYSE:MSCI) with an Underperform rating and a price target of $470.
June 15, 2023 | 2:06 pm
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NEGATIVE IMPACT
B of A Securities initiates coverage on MSCI with an Underperform rating and a price target of $470.
The initiation of coverage by B of A Securities with an Underperform rating and a price target of $470 for MSCI indicates that the analyst believes the stock is likely to underperform the market in the short term. This negative outlook could lead to a short-term decline in MSCI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100