Morgan Stanley Maintains Overweight on Voya Financial, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally maintains an Overweight rating on Voya Financial (NYSE:VOYA) but lowers the price target from $84 to $79.

February 07, 2024 | 8:58 pm
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Morgan Stanley maintains an Overweight rating on Voya Financial but lowers the price target from $84 to $79.
While the reduction in the price target from $84 to $79 by Morgan Stanley could suggest a tempered outlook for Voya Financial's stock, the maintenance of an Overweight rating indicates continued confidence in the company's fundamentals. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the analyst's ongoing bullish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100