Morgan Stanley Maintains Equal-Weight on Stem, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on Stem (NYSE:STEM) and lowered the price target from $8 to $7.
October 17, 2023 | 2:40 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Stem and lowered the price target from $8 to $7.
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 Stem's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100