Barclays Maintains Overweight on MSCI, Lowers Price Target to $600
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Manav Patnaik maintains an Overweight rating on MSCI, but lowers the price target from $700 to $600.
April 24, 2024 | 3:43 pm
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NEGATIVE IMPACT
Barclays maintains an Overweight rating on MSCI but reduces the price target from $700 to $600.
The reduction in price target by Barclays, despite maintaining an Overweight rating, could lead to short-term negative sentiment among investors, potentially impacting MSCI's stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100