Morgan Stanley Maintains Equal-Weight on BrightSphere Investment, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on BrightSphere Investment (NYSE:BSIG) and lowered the price target from $21 to $20.
October 06, 2023 | 2:44 pm
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Morgan Stanley has maintained an Equal-Weight rating on BrightSphere Investment and lowered the price target from $21 to $20.
The news is directly related to BrightSphere Investment (BSIG). The maintained Equal-Weight rating indicates that Morgan Stanley believes the stock is fairly valued. However, the lowered price target could indicate a slightly less optimistic outlook for the stock, which may impact investor sentiment and potentially the stock price in the short term.
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