JP Morgan Maintains Overweight on Morgan Stanley, Raises Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kian Abouhossein has maintained an Overweight rating on Morgan Stanley (NYSE:MS) and increased the price target from $92 to $94.
January 09, 2024 | 2:28 pm
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POSITIVE IMPACT
Morgan Stanley's stock may see a positive impact in the short term due to JP Morgan's analyst rating upgrade with a higher price target of $94.
Analyst ratings and price target adjustments are significant indicators for investors. The increase from $92 to $94 by a reputable analyst at JP Morgan suggests a bullish outlook on Morgan Stanley, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100