Morgan Stanley Maintains Equal-Weight on Asana, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Equal-Weight rating on Asana but lowers the price target from $19 to $15.
August 20, 2024 | 1:11 pm
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Morgan Stanley has maintained its Equal-Weight rating on Asana but reduced the price target from $19 to $15, indicating a more cautious outlook.
The reduction in price target from $19 to $15 by Morgan Stanley suggests a less optimistic view on Asana's short-term performance, which could lead to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100