Morgan Stanley Maintains Equal-Weight on StepStone Group, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on StepStone Group (NASDAQ:STEP) and raised the price target from $27 to $29.
October 18, 2023 | 3:18 pm
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Morgan Stanley has maintained an Equal-Weight rating on StepStone Group and raised the price target from $27 to $29.
The news is directly related to StepStone Group. The maintained Equal-Weight rating indicates that Morgan Stanley believes the company's stock is fairly valued. However, the raised price target suggests that they see potential for the stock's price to increase in the future. This could have a neutral to slightly positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100