Morgan Stanley Maintains Equal-Weight on United States Cellular, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery has maintained an Equal-Weight rating on United States Cellular (NYSE:USM) and raised the price target from $27 to $38.
September 11, 2023 | 2:50 pm
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United States Cellular's price target has been raised from $27 to $38 by Morgan Stanley, while maintaining an Equal-Weight rating.
The increase in price target by a reputable financial institution like Morgan Stanley indicates a positive outlook for United States Cellular. This could potentially lead to an increase in the stock's price in the short term as it may boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100