Morgan Stanley Maintains Equal-Weight on Corebridge Financial, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally maintains an Equal-Weight rating on Corebridge Financial (NYSE:CRBG) but lowers the price target from $33 to $31.
August 19, 2024 | 5:03 pm
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Morgan Stanley has maintained its Equal-Weight rating on Corebridge Financial but has lowered the price target from $33 to $31, indicating a slightly less optimistic outlook.
The lowering of the price target by Morgan Stanley suggests a slightly less optimistic view on Corebridge Financial's future performance, which could lead to a short-term negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
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