Morgan Stanley Reiterates Equal-Weight on EastGroup Props, Maintains $158 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has reiterated an Equal-Weight rating on EastGroup Props (NYSE:EGP) and maintained a $158 price target.
August 04, 2023 | 9:25 am
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Morgan Stanley has reiterated an Equal-Weight rating on EastGroup Props and maintained a $158 price target.
The reiteration of the Equal-Weight rating and the maintenance of the $158 price target by Morgan Stanley indicates that the analyst sees the stock as fairly valued at current levels. This is likely to have a neutral impact on the stock in the short term.
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