Morgan Stanley Maintains Equal-Weight on Excelerate Energy, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on Excelerate Energy (NYSE:EE) and lowered the price target from $33 to $30.

October 25, 2023 | 12:27 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Excelerate Energy and lowered the price target from $33 to $30.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Excelerate Energy in the short term. The Equal-Weight rating suggests that the stock is expected to perform in line with the sector or the market, but the reduced price target may negatively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100