Morgan Stanley Upgrades Globe Life to Equal-Weight, Announces $131 Price Target
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Nigel Dally has upgraded Globe Life (NYSE:GL) from Underweight to Equal-Weight and set a price target of $131.
August 18, 2023 | 9:22 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Globe Life's stock has been upgraded by Morgan Stanley from Underweight to Equal-Weight, with a new price target of $131.
The upgrade from Morgan Stanley is a positive signal for Globe Life's stock. The new price target of $131 suggests that the analyst sees potential for the stock's price to increase. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100