Morgan Stanley Maintains Overweight on Alphabet, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Nowak maintains an Overweight rating on Alphabet but lowers the price target from $205 to $190.
September 03, 2024 | 11:48 am
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NEUTRAL IMPACT
Morgan Stanley's analyst Brian Nowak has maintained an Overweight rating on Alphabet but has reduced the price target from $205 to $190.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100