Morgan Stanley Maintains Equal-Weight on BigCommerce Holdings, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Equal-Weight rating on BigCommerce Holdings (NASDAQ:BIGC) and lowers the price target from $10 to $8.
April 17, 2024 | 4:53 pm
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Morgan Stanley maintains an Equal-Weight rating on BigCommerce Holdings and lowers the price target from $10 to $8.
The reduction in price target by Morgan Stanley suggests a bearish outlook on the stock's short-term price movement, potentially due to revised expectations on the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100