B of A Securities Maintains Underperform on MSCI, Lowers Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Heather Balsky maintains an Underperform rating on MSCI (NYSE:MSCI) and lowers the price target from $530 to $425.
April 24, 2024 | 12:33 pm
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NEGATIVE IMPACT
B of A Securities maintains an Underperform rating on MSCI and reduces the price target from $530 to $425.
The reduction in price target by B of A Securities, accompanied by an Underperform rating, suggests a bearish outlook on MSCI's stock in the short term. This could lead to negative investor sentiment and potentially lower stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100