Morgan Stanley Maintains Equal-Weight on Pfizer, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Terence Flynn has maintained an Equal-Weight rating on Pfizer (NYSE:PFE) and lowered the price target from $42 to $40.
August 04, 2023 | 11:30 am
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Pfizer and lowered the price target from $42 to $40.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Pfizer's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100