HSBC Initiates Coverage On Morgan Stanley with Buy Rating, Announces Price Target of $99
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Alevizos Alevizakos has initiated coverage on Morgan Stanley with a Buy rating and a price target of $99.
September 07, 2023 | 9:22 am
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HSBC has initiated coverage on Morgan Stanley with a Buy rating and a price target of $99, which could positively impact the stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. A Buy rating from a reputable institution like HSBC indicates a positive outlook for Morgan Stanley, which could drive the stock price up in the short term. The price target of $99 also suggests a potential upside from the current price level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100