Morgan Stanley Maintains Equal-Weight on Portillos, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Harbour maintains an Equal-Weight rating on Portillo's (NASDAQ:PTLO) and lowers the price target from $17 to $16.
April 12, 2024 | 5:06 pm
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Morgan Stanley analyst Brian Harbour maintains an Equal-Weight rating on Portillo's and lowers the price target from $17 to $16.
The reduction in price target by Morgan Stanley suggests a more cautious outlook on Portillo's future stock performance, potentially leading to short-term negative sentiment among investors.
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