Morgan Stanley Maintains Equal-Weight on Broadridge Financial Soln, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Broadridge Financial Solutions (NYSE:BR) and increased the price target from $175 to $180.

December 08, 2023 | 1:04 pm
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Morgan Stanley has maintained an Equal-Weight rating on Broadridge Financial Solutions and raised the price target to $180.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on Broadridge Financial Solutions' stock value in the short term. The Equal-Weight rating indicates that the analyst believes the company's stock performance will be in line with the sector or overall market. However, the price target increase is a sign of confidence in the company's potential to grow or perform slightly better than previously expected.
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