Morgan Stanley Maintains Equal-Weight on Liberty Formula One Gr, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne maintains an Equal-Weight rating on Liberty Formula One Group (NASDAQ:FWONK) and lowers the price target from $83 to $80.
August 09, 2024 | 11:20 am
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Morgan Stanley analyst Benjamin Swinburne maintains an Equal-Weight rating on Liberty Formula One Group (NASDAQ:FWONK) and lowers the price target from $83 to $80.
The lowered price target from $83 to $80 by a reputable analyst at Morgan Stanley suggests a slightly less optimistic outlook for Liberty Formula One Group, which could lead to a short-term negative impact on the stock price.
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