Morgan Stanley Maintains Overweight on Evercore, Raises Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ryan Kenny has maintained an Overweight rating on Evercore (NYSE:EVR) and raised the price target from $128 to $153.
July 12, 2023 | 1:15 pm
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Evercore's price target has been raised from $128 to $153 by Morgan Stanley, which maintains an Overweight rating on the stock.
The increase in price target by a reputable financial institution like Morgan Stanley indicates a positive outlook for Evercore. This could potentially lead to an increase in the stock's price in the short term as it may boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100