Keefe, Bruyette & Woods Maintains Market Perform on Morgan Stanley, Raises Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst David Konrad maintains a Market Perform rating on Morgan Stanley and raises the price target from $91 to $94.

April 05, 2024 | 3:57 pm
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Morgan Stanley's price target was raised from $91 to $94 by Keefe, Bruyette & Woods, maintaining a Market Perform rating.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting potential upside. However, the maintenance of a Market Perform rating indicates that the firm believes the stock will perform in line with the market, tempering expectations for significant outperformance in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100