Morgan Stanley Maintains Equal-Weight on Zevia, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian maintains an Equal-Weight rating on Zevia (NYSE:ZVIA) and lowers the price target from $3 to $2.
February 28, 2024 | 6:12 pm
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Morgan Stanley maintains an Equal-Weight rating on Zevia and lowers the price target from $3 to $2.
The reduction in price target by a major analyst like Morgan Stanley suggests a bearish outlook on Zevia's stock in the short term. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100