Morgan Stanley Maintains Overweight on Webster Finl, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Overweight rating on Webster Financial (NYSE:WBS) but lowers the price target from $44 to $43.
July 07, 2023 | 4:01 pm
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Morgan Stanley maintains an Overweight rating on Webster Financial but lowers the price target from $44 to $43.
The news is directly about Webster Financial. While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target might have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100