Morgan Stanley Maintains Underweight on Victory Capital Holdings, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an 'Underweight' rating on Victory Capital Holdings (NASDAQ:VCTR) and raised the price target from $24 to $25.

July 12, 2023 | 1:46 pm
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Morgan Stanley has maintained an 'Underweight' rating on Victory Capital Holdings and raised the price target from $24 to $25.
The news is directly about Victory Capital Holdings. The 'Underweight' rating suggests that Morgan Stanley expects the stock to underperform compared to other stocks, but the increase in price target indicates a slightly positive outlook. However, the overall impact is neutral as the rating has not changed.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100