Morgan Stanley Maintains Underweight on Virtus Inv, Lowers Price Target to $208
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys maintains an Underweight rating on Virtus Investment Partners (NYSE:VRTS) and lowers the price target from $213 to $208.
July 29, 2024 | 4:30 pm
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Morgan Stanley analyst Michael Cyprys maintains an Underweight rating on Virtus Investment Partners and lowers the price target from $213 to $208.
The Underweight rating and lowered price target from a major financial institution like Morgan Stanley is likely to negatively impact investor sentiment and the stock price of Virtus Investment Partners in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100