Morgan Stanley Maintains Underweight on Prosperity Bancshares, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Underweight rating on Prosperity Bancshares (NYSE:PB) and has lowered the price target from $60 to $57.
September 27, 2023 | 1:18 pm
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Morgan Stanley has maintained an Underweight rating on Prosperity Bancshares and lowered the price target from $60 to $57.
The lowered price target by Morgan Stanley indicates a bearish outlook for Prosperity Bancshares. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100