Morgan Stanley Reiterates Equal-Weight on Exscientia, Maintains $14 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Vikram Purohit reiterated an Equal-Weight rating on Exscientia (NASDAQ:EXAI) and maintained a $14 price target.

June 20, 2023 | 1:02 pm
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Morgan Stanley analyst Vikram Purohit reiterated an Equal-Weight rating on Exscientia (NASDAQ:EXAI) and maintained a $14 price target.
The news indicates that Morgan Stanley's stance on Exscientia remains unchanged, maintaining an Equal-Weight rating and a $14 price target. This suggests that the analyst believes the stock is fairly valued and does not expect significant short-term price movement. As a result, the short-term impact on Exscientia's stock price is neutral.
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