Morgan Stanley Maintains Underweight on SEI Inv, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Rayna Kumar maintains an Underweight rating on SEI Inv (NASDAQ:SEIC) and raises the price target from $60 to $62.
July 05, 2023 | 12:19 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Underweight rating on SEI Inv and raises the price target from $60 to $62.
The news is directly related to SEI Inv (SEIC). Morgan Stanley's decision to maintain an Underweight rating indicates a bearish outlook, but the increase in price target from $60 to $62 suggests a slightly positive adjustment in valuation. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100