Morgan Stanley Maintains Underweight on Virtus Inv, Raises Price Target to $217
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys maintains an Underweight rating on Virtus Investment Partners (NYSE:VRTS) but raises the price target from $208 to $217.
October 18, 2024 | 1:08 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Underweight rating on Virtus Investment Partners but raises the price target from $208 to $217.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The net impact is neutral as the rating remains unchanged.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100