Morgan Stanley Maintains Overweight on Equitable Hldgs, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally has maintained an Overweight rating on Equitable Hldgs (NYSE:EQH) but lowered the price target from $40 to $38.
November 01, 2023 | 12:41 pm
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Equitable Hldgs' price target has been lowered from $40 to $38 by Morgan Stanley, though the Overweight rating is maintained.
The news is directly about Equitable Hldgs and is likely to influence investor sentiment. While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target might create some uncertainty. However, as the rating remains positive, the overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100