Oppenheimer Maintains Outperform on Morgan Stanley, Raises Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski maintains an Outperform rating on Morgan Stanley (MS) and raises the price target from $97 to $101.
April 17, 2024 | 12:36 pm
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Oppenheimer maintains an Outperform rating on Morgan Stanley and raises the price target from $97 to $101.
The upgrade in price target by a reputable analyst like Chris Kotowski from Oppenheimer is a strong positive signal for Morgan Stanley. It suggests confidence in the company's future performance and potential for stock price appreciation. This kind of analyst action often leads to short-term positive momentum in the stock as it reassures current investors and can attract new ones.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100