Morgan Stanley Maintains Equal-Weight on Sphere Entertainment, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an Equal-Weight rating on Sphere Entertainment (NYSE:SPHR) and lowered the price target from $26 to $24.
August 24, 2023 | 1:45 pm
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Morgan Stanley has maintained an Equal-Weight rating on Sphere Entertainment and lowered the price target from $26 to $24.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100