Keefe, Bruyette & Woods Reiterates Market Perform on Moelis, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Aidan Hall has reiterated a Market Perform rating on Moelis (NYSE:MC) and raised the price target from $54 to $60.
July 25, 2024 | 1:18 pm
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Keefe, Bruyette & Woods has reiterated a Market Perform rating on Moelis and raised the price target from $54 to $60.
The raised price target from $54 to $60 suggests a positive outlook on Moelis' future performance, which could lead to a short-term increase in stock price. However, the Market Perform rating indicates that the stock is expected to perform in line with the market, tempering the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100