Morgan Stanley Maintains Equal-Weight on Soho House, Raises Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Equal-Weight rating on Soho House (NYSE:SHCO) and raised the price target from $6 to $6.5.

August 25, 2023 | 2:39 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Soho House and raised the price target from $6 to $6.5. This could potentially lead to a positive sentiment among investors.
Morgan Stanley's decision to maintain an Equal-Weight rating indicates that they believe the stock is fairly valued. However, the increase in price target from $6 to $6.5 suggests they see potential for growth. This could lead to increased investor confidence and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100