Morgan Stanley lowered the firm’s price target on Equitable Holdings (EQH) to $61 from $67 and keeps an Overweight rating on the shares. The firm said its price target changes for the Life Insurance sector reflect tailwinds from higher equity markets and headwinds related to Fed cuts.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EQH:
- Wolfe Research launches coverage with positive view on Life Insurance names
- Equitable Holdings initiated with an Outperform at Wolfe Research
- Equitable Holdings Announces Early Results of Tender Offer
- Equitable Holdings Amends Reimbursement Agreements with Banks
- 3 Stocks Flashing Strong Buy Signals on Technical Charts