Morgan Stanley Maintains Equal-Weight on Carlyle Group, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Carlyle Group (NASDAQ:CG) and increased the price target from $34 to $40.
January 24, 2024 | 7:56 pm
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Morgan Stanley has maintained an Equal-Weight rating on Carlyle Group and raised the price target from $34 to $40, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive reassessment of Carlyle Group's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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