Morgan Stanley Maintains Equal-Weight on Matterport, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Elizabeth Porter has maintained an Equal-Weight rating on Matterport (NASDAQ:MTTR) and lowered the price target from $3.5 to $3.

November 07, 2023 | 1:50 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Matterport and lowered the price target from $3.5 to $3.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Matterport's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100