Oppenheimer Maintains Outperform on Morgan Stanley, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski has maintained an Outperform rating on Morgan Stanley (NYSE:MS) and increased the price target from $98 to $103, indicating a positive outlook on the company's stock.

November 16, 2023 | 6:55 pm
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Oppenheimer has reaffirmed Morgan Stanley's Outperform rating and raised the price target to $103, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Chris Kotowski from Oppenheimer is a strong signal to the market, often leading to increased investor confidence and a potential short-term rise in the stock price. Given that the rating is maintained at Outperform and the target is raised, it suggests that the analyst sees continued or improved performance from Morgan Stanley, which could positively influence the stock in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100