Morgan Stanley Maintains Underweight on Olin, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Angel Castillo has maintained an Underweight rating on Olin (NYSE:OLN) and lowered the price target from $50 to $38.
October 30, 2023 | 2:37 pm
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Morgan Stanley has maintained an Underweight rating on Olin and lowered the price target from $50 to $38, which could negatively impact the stock's price.
The lowering of the price target by Morgan Stanley indicates a bearish outlook for Olin. This could lead to a decrease in the stock's price as investors adjust their expectations based on the new price target.
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