Morgan Stanley Reiterates Underweight on Victory Capital Holdings, Maintains $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has reiterated an 'Underweight' rating on Victory Capital Holdings (NASDAQ:VCTR) and maintained a $25 price target.
July 25, 2023 | 12:58 pm
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Morgan Stanley has reiterated an 'Underweight' rating on Victory Capital Holdings, indicating a negative outlook for the stock.
The 'Underweight' rating from Morgan Stanley suggests that they expect Victory Capital Holdings' stock to underperform compared to other stocks in the market. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100