Redburn Partners Downgrades MSCI to Neutral, Announces $554 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Partners analyst Russell Quelch has downgraded MSCI (NYSE:MSCI) from Buy to Neutral and set a price target of $554.
September 14, 2023 | 9:55 am
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NEGATIVE IMPACT
MSCI has been downgraded from Buy to Neutral by Redburn Partners, with a new price target of $554.
The downgrade from Buy to Neutral by Redburn Partners indicates a less optimistic outlook for MSCI's stock. This could potentially lead to a decrease in demand for the stock, and thus a decrease in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100