B of A Securities Upgrades MSCI to Neutral, Raises Price Target to $525
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Heather Balsky upgraded MSCI (NYSE:MSCI) from Underperform to Neutral and increased the price target from $425 to $525.

April 30, 2024 | 10:05 am
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MSCI's stock rating was upgraded from Underperform to Neutral by B of A Securities, with a price target increase from $425 to $525.
The upgrade in rating from Underperform to Neutral by a significant financial institution like B of A Securities, coupled with a substantial increase in the price target, suggests a positive reassessment of MSCI's valuation and future prospects. This is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price as market sentiment adjusts to the new valuation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100