Morgan Stanley Maintains Overweight on Instructure Hldgs, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Overweight rating on Instructure Holdings (INST) but lowers the price target from $31 to $28.

April 19, 2024 | 5:20 pm
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Morgan Stanley maintains an Overweight rating on Instructure Holdings but lowers the price target from $31 to $28.
The adjustment in price target by a major analyst like Morgan Stanley can influence investor sentiment, potentially leading to short-term price fluctuations. However, the maintenance of an Overweight rating indicates a positive outlook on the stock, which might mitigate any negative impact from the lowered price target.
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RELEVANCE 100