Goldman Sachs Maintains Neutral on Morgan Stanley, Raises Price Target to $121
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Ramsden maintains a Neutral rating on Morgan Stanley (NYSE:MS) but raises the price target from $106 to $121.
October 17, 2024 | 5:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Morgan Stanley but increased the price target from $106 to $121, indicating a positive outlook on the stock's potential.
The increase in price target from $106 to $121 by Goldman Sachs suggests a positive outlook for Morgan Stanley's stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100