Morgan Stanley Maintains Underweight on SEI Inv, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Rayna Kumar maintains an Underweight rating on SEI Investments (NASDAQ:SEIC) but raises the price target from $70 to $75.
October 24, 2024 | 4:59 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained an Underweight rating on SEI Investments but increased the price target from $70 to $75, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on SEIC's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100