Morgan Stanley Maintains Equal-Weight on TaskUs, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on TaskUs (NASDAQ:TASK) and lowered the price target from $13 to $12.
November 07, 2023 | 2:04 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on TaskUs and lowered the price target from $13 to $12.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of TaskUs in the short term. Investors may interpret this as a lack of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100