Morgan Stanley Maintains Underweight on Cricut, Lowers Price Target to $4.6
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erik Woodring maintains an Underweight rating on Cricut (NASDAQ:CRCT) and lowers the price target from $5 to $4.6.
November 08, 2023 | 9:07 pm
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Morgan Stanley has maintained an Underweight rating on Cricut and lowered the price target from $5 to $4.6.
The lowered price target by Morgan Stanley indicates a bearish outlook for Cricut. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100