Morgan Stanley Maintains Underweight on SEI Inv, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Rayna Kumar maintains an Underweight rating on SEI Inv (NASDAQ:SEIC) and raises the price target from $62 to $65.
July 27, 2023 | 4:56 pm
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Morgan Stanley maintains an Underweight rating on SEI Inv and raises the price target from $62 to $65.
The Underweight rating maintained by Morgan Stanley suggests that they expect SEI Inv's stock to underperform compared to other stocks. However, the increase in price target from $62 to $65 indicates a slightly more positive outlook on the stock's future performance. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100