Morgan Stanley Maintains Underweight on Virtus Inv, Lowers Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Underweight rating on Virtus Inv (NASDAQ:VRTS) and lowered the price target from $173 to $162.
October 06, 2023 | 2:54 pm
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Morgan Stanley has maintained an Underweight rating on Virtus Inv and lowered the price target from $173 to $162, which could negatively impact the stock's price.
The lowered price target by Morgan Stanley indicates a bearish outlook for Virtus Inv. This could lead to a decrease in the stock's price as investors adjust their expectations based on this new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100