Morgan Stanley Maintains Equal-Weight on Nextdoor Holdings, Raises Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Nowak maintains an Equal-Weight rating on Nextdoor Holdings (NYSE:KIND) and raises the price target from $2.2 to $2.5.
July 23, 2024 | 5:03 pm
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POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on Nextdoor Holdings and raised the price target from $2.2 to $2.5, indicating a modestly positive outlook.
The raised price target from $2.2 to $2.5 by a reputable analyst at Morgan Stanley suggests a modestly positive outlook for Nextdoor Holdings. This could lead to a slight increase in investor confidence and a potential short-term uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100