Morgan Stanley Maintains Equal-Weight on Stitch Fix, Lowers Price Target to $3.75
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk has maintained an Equal-Weight rating on Stitch Fix (NASDAQ:SFIX) and lowered the price target from $4 to $3.75.
September 19, 2023 | 2:37 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Stitch Fix and lowered the price target from $4 to $3.75.
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 Stitch Fix's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100