Morgan Stanley Maintains Equal-Weight on Globe Life, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally maintains an Equal-Weight rating on Globe Life (NYSE:GL) and raises the price target from $66 to $83.
August 19, 2024 | 5:05 pm
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Morgan Stanley has maintained its Equal-Weight rating on Globe Life but increased the price target from $66 to $83, indicating a more optimistic outlook.
The increase in price target from $66 to $83 by Morgan Stanley suggests a more positive outlook on Globe Life's future performance, which could lead to a short-term increase in stock price as investors react to the new target.
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