Morgan Stanley Maintains Equal-Weight on Hamilton Lane, Raises Price Target to $126
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Hamilton Lane (NASDAQ:HLNE) and increased the price target from $102 to $126.
January 24, 2024 | 7:58 pm
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POSITIVE IMPACT
Morgan Stanley's analyst has reaffirmed an Equal-Weight rating on Hamilton Lane and raised the price target to $126, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive reassessment of Hamilton Lane's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100