Morgan Stanley Maintains Equal-Weight on Stitch Fix, Raises Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk has maintained an Equal-Weight rating on Stitch Fix (NASDAQ:SFIX) and increased the price target from $3.75 to $4.
December 06, 2023 | 2:03 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Stitch Fix and raised the price target to $4, indicating a potential upside from the previous target.
The increase in price target by Morgan Stanley suggests a positive outlook on Stitch Fix's valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100