Oppenheimer Maintains Outperform on Morgan Stanley, Lowers Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski maintains an Outperform rating on Morgan Stanley (NYSE:MS) but has lowered the price target from $100 to $98.

October 19, 2023 | 12:39 pm
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Morgan Stanley's price target has been lowered from $100 to $98 by Oppenheimer, though the Outperform rating is maintained.
The lowering of the price target by Oppenheimer could potentially create a negative sentiment among investors. However, the maintained Outperform rating indicates that the analyst still sees potential in the stock, which could balance out the initial negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100