CFRA Maintains Buy on Morgan Stanley, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
CFRA analyst Kenneth Leon maintains a Buy rating on Morgan Stanley (NYSE:MS) and raises the price target from $97 to $108.
April 16, 2024 | 5:32 pm
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POSITIVE IMPACT
CFRA maintains a Buy rating on Morgan Stanley and increases the price target to $108.
The upgrade in price target by a reputable analyst like Kenneth Leon suggests a strong confidence in Morgan Stanley's future performance. This is likely to positively influence investor sentiment and potentially increase the stock's price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100