Morgan Stanley Downgrades Integral Ad Science to Equal-Weight, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Matthew Cost downgraded Integral Ad Science (NASDAQ:IAS) from Overweight to Equal-Weight and reduced the price target from $18 to $12.

April 16, 2024 | 10:35 am
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Morgan Stanley downgraded Integral Ad Science to Equal-Weight and lowered its price target to $12.
The downgrade from Overweight to Equal-Weight by a major financial institution like Morgan Stanley, accompanied by a significant reduction in the price target, is likely to negatively impact investor sentiment towards IAS in the short term. This could lead to a decrease in stock price as market participants adjust their expectations based on the new analyst rating and price target.
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IMPORTANCE 90
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