Morgan Stanley Maintains Overweight on Match Group, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk maintains an Overweight rating on Match Group (NASDAQ:MTCH) but lowers the price target from $97 to $55.
November 02, 2023 | 6:43 pm
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NEGATIVE IMPACT
Morgan Stanley maintains an Overweight rating on Match Group but lowers the price target from $97 to $55, which could impact the stock's performance.
The lowered price target from Morgan Stanley could lead to a negative sentiment among investors, potentially causing a short-term decrease in Match Group's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100