Morgan Stanley Maintains Equal-Weight on Prudential Financial, Lowers Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Equal-Weight rating on Prudential Financial but has slightly lowered the price target from $123 to $122.
August 19, 2024 | 5:17 pm
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Morgan Stanley has maintained its Equal-Weight rating on Prudential Financial but has slightly lowered the price target from $123 to $122.
The slight reduction in the price target from $123 to $122 by Morgan Stanley suggests a neutral to slightly cautious outlook on Prudential Financial. The Equal-Weight rating indicates that the stock is expected to perform in line with the market. The impact on the stock price is likely neutral in the short term as the change in price target is minimal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100