Morgan Stanley Maintains Equal-Weight on Houlihan Lokey, Lowers Price Target to $146
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Equal-Weight rating on Houlihan Lokey but lowered the price target from $148 to $146.
September 18, 2024 | 5:11 pm
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Morgan Stanley has maintained an Equal-Weight rating on Houlihan Lokey but lowered the price target from $148 to $146, indicating a slight decrease in expected valuation.
The lowering of the price target by Morgan Stanley suggests a slightly less optimistic view on Houlihan Lokey's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100