UBS Maintains Sell on Moelis, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken maintains a Sell rating on Moelis (NYSE:MC) but raises the price target from $54 to $60.
October 08, 2024 | 4:32 pm
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UBS analyst Brennan Hawken maintains a Sell rating on Moelis but raises the price target from $54 to $60, indicating a slightly more optimistic view on the stock's potential.
The Sell rating suggests UBS still sees downside risk, but the increased price target indicates a slightly improved outlook. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100