Morgan Stanley Reiterates Underweight on Moelis, Maintains $29 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ryan Kenny reiterated an Underweight rating on Moelis (NYSE: MC) and maintained a $29 price target.
June 27, 2023 | 12:41 pm
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Morgan Stanley's Ryan Kenny reiterated an Underweight rating on Moelis (NYSE: MC) and maintained a $29 price target.
The Underweight rating by Morgan Stanley's analyst Ryan Kenny indicates a negative outlook for Moelis (NYSE: MC) in the short term. The maintained $29 price target suggests limited upside potential, which could lead to downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100