Keefe, Bruyette & Woods Reiterates Market Perform on Moelis, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Aidan Hall reiterates a Market Perform rating on Moelis & Company (NYSE:MC) and lowers the price target from $58 to $54.

April 25, 2024 | 1:32 pm
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Keefe, Bruyette & Woods reiterates a Market Perform rating on Moelis & Company and lowers the price target from $58 to $54.
The reduction in price target by Keefe, Bruyette & Woods suggests a negative outlook on the stock's short-term price potential, likely due to revised earnings expectations or market conditions. This adjustment could lead to a decrease in investor confidence and potentially lower stock price in the short term.
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IMPORTANCE 80
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