Morgan Stanley Reiterates Underweight on Office Props IT, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ronald Kamdem has reiterated an 'Underweight' rating on Office Props IT (NASDAQ:OPI) and maintained a $5 price target.
July 19, 2023 | 3:18 pm
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Morgan Stanley has reiterated an 'Underweight' rating on Office Props IT, maintaining a $5 price target.
The 'Underweight' rating from Morgan Stanley suggests that they expect Office Props IT's stock to underperform in the market. This, coupled with the maintained low price target of $5, could negatively impact investor sentiment and potentially lead to a decrease in the stock's price in the short term.
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