Morgan Stanley Maintains Equal-Weight on RE/MAX Hldgs, Lowers Price Target to $19.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Richard Hill has maintained an Equal-Weight rating on RE/MAX Holdings (NYSE:RMAX) and lowered the price target from $24 to $19.5.
July 05, 2023 | 12:17 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on RE/MAX Holdings and lowered the price target from $24 to $19.5.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on RE/MAX's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100