Oppenheimer Maintains Outperform on Morgan Stanley, Raises Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski has maintained an Outperform rating on Morgan Stanley (NYSE:MS) and increased the price target from $106 to $109.
January 30, 2024 | 6:13 pm
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Oppenheimer has reaffirmed Morgan Stanley's Outperform rating and raised the price target to $109, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Chris Kotowski suggests a strong conviction in Morgan Stanley's future performance. This typically instills confidence in investors and can lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100