Morgan Stanley Maintains Equal-Weight on AirSculpt Technologies, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on AirSculpt Technologies (NASDAQ:AIRS) but reduced the price target from $8 to $6.
November 16, 2023 | 12:38 pm
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Morgan Stanley has maintained its Equal-Weight rating on AirSculpt Technologies but lowered the price target from $8 to $6, indicating a potential downside compared to the previous target.
The reduction in price target by a major analyst like Morgan Stanley suggests a less optimistic outlook on the company's stock price, which could lead to a negative short-term impact on the stock as investors adjust their expectations.
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