Morgan Stanley Maintains Underweight on Victory Capital Holdings, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Underweight rating on Victory Capital Holdings (NASDAQ:VCTR) and raised the price target from $25 to $26.

August 08, 2023 | 2:10 pm
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Morgan Stanley has maintained an Underweight rating on Victory Capital Holdings and raised the price target from $25 to $26.
The Underweight rating maintained by Morgan Stanley indicates a negative outlook for Victory Capital Holdings. However, the increase in price target from $25 to $26 suggests that the analyst sees some potential for the stock's price to increase, albeit not significantly. This could lead to a short-term negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100