Morgan Stanley Maintains Equal-Weight on Sun Country Airlines, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has maintained an Equal-Weight rating on Sun Country Airlines (SNCY) but has reduced the price target from $25 to $23.
November 14, 2023 | 2:37 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Sun Country Airlines and lowered the price target from $25 to $23.
The reduction in price target by a major analyst like Morgan Stanley can lead to a negative short term sentiment among investors, potentially causing a decrease in the stock price of Sun Country Airlines.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100