Morgan Stanley Maintains Equal-Weight on Stagwell, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an Equal-Weight rating on Stagwell (NASDAQ:STGW) and lowered the price target from $9 to $6.
October 16, 2023 | 1:16 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Stagwell and lowered the price target from $9 to $6.
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 Stagwell's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100