Morgan Stanley Reiterates Equal-Weight on Northern Trust, Maintains $89 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has reiterated an Equal-Weight rating on Northern Trust (NASDAQ:NTRS) and maintained a price target of $89.
July 05, 2023 | 12:15 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Northern Trust and maintained a price target of $89.
The news is directly about Northern Trust and its rating by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector. The maintained price target indicates that the analyst's valuation of the company has not changed. This is likely to have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100