Morgan Stanley Maintains Equal-Weight on Globe Life, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally maintains an Equal-Weight rating on Globe Life (NYSE:GL) and raises the price target from $110 to $120.
October 24, 2024 | 4:46 pm
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Morgan Stanley has maintained its Equal-Weight rating on Globe Life and increased the price target from $110 to $120, indicating a positive outlook.
The increase in price target from $110 to $120 by Morgan Stanley suggests a positive outlook for Globe Life, which could lead to a short-term increase in stock price. The maintenance of an Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100