Morgan Stanley Reinstates Equal-Weight on Soho House, Announces $5.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling has reinstated an Equal-Weight rating on Soho House (NYSE:SHCO) with a price target of $5.5.
September 03, 2024 | 9:59 am
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NEUTRAL IMPACT
Morgan Stanley has reinstated an Equal-Weight rating on Soho House with a price target of $5.5, indicating a neutral stance on the stock.
The reinstatement of an Equal-Weight rating by Morgan Stanley suggests a neutral outlook on Soho House's stock. The $5.5 price target provides a specific valuation expectation, but the Equal-Weight rating indicates no strong buy or sell recommendation, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100