Morgan Stanley Maintains Equal-Weight on Lamar Advertising, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an Equal-Weight rating on Lamar Advertising (NASDAQ:LAMR) but lowered the price target from $100 to $95.
October 09, 2023 | 1:00 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Lamar Advertising but lowered the price target from $100 to $95.
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 the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100