Morgan Stanley Maintains Equal-Weight on Exscientia, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Vikram Purohit maintains an Equal-Weight rating on Exscientia (NASDAQ:EXAI) and lowers the price target from $14 to $7.
October 11, 2023 | 2:01 pm
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Morgan Stanley has maintained an Equal-Weight rating on Exscientia and lowered the price target from $14 to $7.
The lowering of the price target by Morgan Stanley from $14 to $7 indicates a bearish outlook for Exscientia. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100