Morgan Stanley Maintains Underweight on Moelis, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ryan Kenny maintains an Underweight rating on Moelis (NYSE:MC) but raises the price target from $51 to $61.
July 23, 2024 | 5:34 pm
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Morgan Stanley analyst Ryan Kenny maintains an Underweight rating on Moelis but raises the price target from $51 to $61.
The Underweight rating suggests a cautious outlook on Moelis, but the raised price target indicates some positive expectations. The mixed signals may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100