Morgan Stanley Maintains Underweight on SEI Inv, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Rayna Kumar has maintained an Underweight rating on SEI Inv (NASDAQ:SEIC) and lowered the price target from $65 to $63.
October 03, 2023 | 3:28 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Underweight rating on SEI Inv and lowered the price target from $65 to $63, which could negatively impact the stock's performance.
The lowered price target by Morgan Stanley indicates a bearish outlook for SEI Inv. This could lead to a decrease in the stock's price as investors adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100