Morgan Stanley Maintains Overweight on Everest Group, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Overweight rating on Everest Group (NYSE:EG) and raised the price target from $429 to $450.
October 11, 2023 | 1:43 pm
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Morgan Stanley has maintained its Overweight rating on Everest Group and raised the price target from $429 to $450. This could potentially lead to an increase in the stock price.
Morgan Stanley's Overweight rating indicates that they expect the stock to outperform the market. The increase in the price target from $429 to $450 suggests that they believe the stock has further upside potential. This could lead to increased investor interest and a potential increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100