Morgan Stanley Maintains Equal-Weight on Amer Sports, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley maintains an Equal-Weight rating on Amer Sports (NYSE:AS) but lowers the price target from $16 to $15.
May 23, 2024 | 3:19 pm
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Morgan Stanley has maintained its Equal-Weight rating on Amer Sports but has lowered the price target from $16 to $15.
The lowered price target from $16 to $15 by Morgan Stanley suggests a less optimistic outlook for Amer Sports, which could negatively impact the stock price in the short term.
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