Morgan Stanley Maintains Underweight on Virtus Inv, Raises Price Target to $173
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Underweight rating on Virtus Inv (NASDAQ:VRTS) and raised the price target from $159 to $173.
July 31, 2023 | 2:17 pm
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Morgan Stanley has maintained an Underweight rating on Virtus Inv and raised the price target from $159 to $173.
The news is directly about Virtus Inv (VRTS). Morgan Stanley's decision to maintain an Underweight rating indicates a bearish outlook, but the raised price target suggests some potential upside. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100