Morgan Stanley Maintains Equal-Weight on WEX, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on WEX (NYSE:WEX) and lowered the price target from $205 to $200.
October 27, 2023 | 2:00 pm
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Morgan Stanley has maintained an Equal-Weight rating on WEX and lowered the price target from $205 to $200, which may impact the stock's performance.
The lowering of the price target by Morgan Stanley, a major financial institution, could lead to a negative sentiment among investors, potentially causing a short-term decrease in WEX's stock price.
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IMPORTANCE 80
RELEVANCE 100