Morgan Stanley Maintains Equal-Weight on Zevia, Lowers Price Target to $3.25
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian has maintained an Equal-Weight rating on Zevia (NYSE:ZVIA) and lowered the price target from $3.5 to $3.25.
August 09, 2023 | 3:07 pm
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Morgan Stanley has maintained an Equal-Weight rating on Zevia and lowered the price target from $3.5 to $3.25, which could potentially impact the stock's performance.
The lowering of the price target by Morgan Stanley from $3.5 to $3.25 indicates a less optimistic outlook for Zevia's stock. This could potentially lead to a decrease in the stock's price in the short term.
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