Morgan Stanley Maintains Equal-Weight on Chegg, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Equal-Weight rating on Chegg (NYSE:CHGG) and raises the price target from $12 to $13.
August 08, 2023 | 1:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on Chegg and raises the price target from $12 to $13, which could potentially attract investors.
The raised price target by Morgan Stanley indicates a positive outlook for Chegg. This could potentially attract more investors, leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100