Morgan Stanley Maintains Underweight on Globe Life, Raises Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally maintains an Underweight rating on Globe Life (NYSE:GL) and raises the price target from $130 to $131.
July 27, 2023 | 4:31 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Underweight rating on Globe Life and raises the price target from $130 to $131.
The news is directly about Globe Life. Morgan Stanley's decision to maintain an Underweight rating indicates a bearish outlook, but the slight increase in price target may have a neutral impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100