Morgan Stanley Maintains Overweight on Bridge Investment Group, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Lapides has maintained an Overweight rating on Bridge Investment Group (NYSE:BRDG) but reduced the price target from $14 to $13.

November 21, 2023 | 1:40 pm
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Morgan Stanley analyst reaffirms Overweight rating on BRDG but lowers price target to $13, indicating a potential upside but with caution.
The reduction in price target suggests that Morgan Stanley sees less upside potential than before, which could lead to a mixed short-term reaction in the stock price. Investors may view the Overweight rating as a positive sign, while the lower price target could be seen as a negative adjustment to the company's outlook.
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IMPORTANCE 75
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