Goldman Sachs Downgrades Morgan Stanley to Neutral, Announces $105 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Ramsden has downgraded Morgan Stanley from Buy to Neutral, setting a price target of $105.
September 10, 2024 | 8:17 pm
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Goldman Sachs has downgraded Morgan Stanley from Buy to Neutral, with a new price target of $105. This suggests a more cautious outlook on the stock's performance.
The downgrade from Buy to Neutral by a major financial institution like Goldman Sachs indicates a less optimistic view on Morgan Stanley's stock performance. The $105 price target suggests limited upside potential, which could lead to a short-term negative impact on the stock price.
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