Morgan Stanley Downgrades Prosperity Bancshares to Underweight, Maintains Price Target to $80
Morgan Stanley analyst Manan Gosalia downgrades Prosperity Bancshares (NYSE:PB) from Equal-Weight to Underweight and maintains the price target from $80 to $80.
A big investment bank's analyst thinks Prosperity Bancshares stock looks less attractive right now, even though they kept their price goal the same. This suggests the analyst sees reasons to be more cautious about the company, so investors should pay attention to what's happening with the bank.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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