Morgan Stanley Maintains Equal-Weight on Afya, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Mauricio Cepeda maintains an Equal-Weight rating on Afya (NASDAQ:AFYA) but lowers the price target from $21 to $19.
June 21, 2024 | 10:27 am
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Morgan Stanley has maintained its Equal-Weight rating on Afya but has lowered the price target from $21 to $19, indicating a more cautious outlook.
The lowered price target from $21 to $19 by Morgan Stanley suggests a more cautious outlook on Afya's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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