Goldman Sachs Maintains Neutral on Morgan Stanley, Raises Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Ramsden has maintained a Neutral rating on Morgan Stanley while slightly raising the price target from $105 to $106.
October 02, 2024 | 5:20 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained a Neutral rating on Morgan Stanley, indicating no strong buy or sell recommendation. However, the price target has been slightly increased from $105 to $106, suggesting a modestly positive outlook.
The Neutral rating suggests that Goldman Sachs does not see a strong reason to buy or sell Morgan Stanley at this time. The slight increase in the price target from $105 to $106 indicates a modestly positive outlook, but not enough to change the overall rating. This suggests a stable short-term outlook for Morgan Stanley's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100