UBS Maintains Sell on Moelis, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken has maintained a Sell rating on Moelis & Company (NYSE:MC) and lowered the price target from $46 to $45.
March 26, 2024 | 10:12 am
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UBS has maintained a Sell rating on Moelis & Company and lowered the price target from $46 to $45.
The maintenance of a Sell rating combined with a lowered price target by a major analyst like UBS suggests a negative outlook on Moelis & Company's stock in the short term. This could lead to decreased investor confidence and potentially lower stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100