Morgan Stanley Maintains Equal-Weight on Jackson Finl, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally has maintained an Equal-Weight rating on Jackson Financial (JXN) and increased the price target from $35 to $38.

November 15, 2023 | 2:34 pm
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Morgan Stanley has maintained an Equal-Weight rating on Jackson Financial (JXN) and raised the price target from $35 to $38.
The increase in price target by Morgan Stanley suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the sector or the overall market, but the raised target price implies that the analyst sees some upside potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100