JP Morgan Maintains Neutral on Morgan Stanley Direct, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Melissa Wedel maintains a Neutral rating on Morgan Stanley Direct (NYSE:MSDL) and raises the price target from $20.5 to $21.
April 12, 2024 | 3:17 pm
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JP Morgan analyst Melissa Wedel maintains a Neutral rating on Morgan Stanley Direct and raises the price target from $20.5 to $21.
The increase in price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism. However, the Neutral rating indicates that the stock might not outperform the market significantly in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100