BMO Capital Maintains Outperform on Morgan Stanley, Lowers Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Fotheringham has maintained an 'Outperform' rating on Morgan Stanley (NYSE:MS) but lowered the price target from $102 to $101.
October 19, 2023 | 4:09 pm
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NEUTRAL IMPACT
Morgan Stanley's price target has been lowered from $102 to $101 by BMO Capital, though the 'Outperform' rating is maintained.
The news is directly about Morgan Stanley and is likely to have a neutral impact on its stock in the short term. While the price target has been lowered, the 'Outperform' rating suggests that the analyst still expects the stock to do well.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100