RBC Capital Maintains Sector Perform on Morgan Stanley, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy maintains a Sector Perform rating on Morgan Stanley (NYSE:MS) and raises the price target from $91 to $108.
July 17, 2024 | 2:30 pm
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RBC Capital analyst Gerard Cassidy maintains a Sector Perform rating on Morgan Stanley and raises the price target from $91 to $108.
The raised price target from $91 to $108 by RBC Capital suggests a positive outlook for Morgan Stanley, which could lead to a short-term increase in its stock price. However, the Sector Perform rating indicates that the stock is expected to perform in line with the sector, tempering the overall impact.
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