Morgan Stanley Downgrades Vasta Platform to Underweight, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has downgraded Vasta Platform (NASDAQ:VSTA) from Equal-Weight to Underweight and lowered the price target from $4.5 to $3.
June 21, 2024 | 10:13 am
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Morgan Stanley analyst Mauricio Cepeda has downgraded Vasta Platform from Equal-Weight to Underweight and reduced the price target from $4.5 to $3.
The downgrade from Equal-Weight to Underweight and the significant reduction in the price target from $4.5 to $3 by a major financial institution like Morgan Stanley is likely to negatively impact investor sentiment and the stock price of Vasta Platform in the short term.
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IMPORTANCE 80
RELEVANCE 100