Morgan Stanley Initiates Coverage On Everest Group with Overweight Rating, Announces Price Target of $429
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on Everest Group (NYSE:EG) with an Overweight rating and a price target of $429.
July 13, 2023 | 1:35 pm
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Everest Group's stock may see positive movement following Morgan Stanley's initiation of coverage with an Overweight rating and a price target of $429.
Analyst ratings and price targets can significantly influence a stock's performance. Morgan Stanley's Overweight rating suggests they believe Everest Group's stock will outperform the market, and the high price target of $429 indicates significant upside potential. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100