Morgan Stanley Maintains Underweight on Grocery Outlet Holding, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Underweight rating on Grocery Outlet Holding (NASDAQ:GO) and raises the price target from $25 to $27.
August 22, 2023 | 12:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley maintains an Underweight rating on Grocery Outlet Holding and raises the price target from $25 to $27.
The news is directly about Grocery Outlet Holding. Morgan Stanley's decision to maintain an Underweight rating indicates a bearish outlook, but the raised price target suggests some potential upside. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100