Morgan Stanley Maintains Equal-Weight on BrightSphere Investment, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on BrightSphere Investment (NYSE:BSIG) and increased the price target from $20 to $22.
January 19, 2024 | 8:28 pm
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Morgan Stanley analyst Michael Cyprys has reaffirmed an Equal-Weight rating on BrightSphere Investment and raised the price target to $22.
The increase in price target by a reputable analyst like Michael Cyprys suggests a positive outlook on the stock, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100