Morgan Stanley Maintains Overweight on Portillos, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Harbour has maintained an Overweight rating on Portillos (NASDAQ:PTLO) but lowered the price target from $28 to $26.
August 04, 2023 | 6:45 pm
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Morgan Stanley has maintained an Overweight rating on Portillos but lowered the price target from $28 to $26.
The news is directly about Portillos and is likely to impact its stock price. While the Overweight rating suggests that Morgan Stanley expects the stock to outperform, the lowering of the price target may create some negative sentiment among investors.
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