Morgan Stanley Maintains Equal-Weight on Soho House, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Equal-Weight rating on Soho House (NYSE:SHCO) and increased the price target from $6.5 to $7.
November 21, 2023 | 3:23 pm
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Morgan Stanley has reaffirmed its Equal-Weight rating on Soho House and raised the price target to $7, indicating a potential upside from the previous target.
The increase in price target by Morgan Stanley suggests a positive outlook on Soho House's stock, potentially leading to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100