Market Overview

Morgan Stanley Reiterates Overweight, Raises PT On CNinsure On Strong Results

Share:
Related CISG
10 Stocks That Rallied Three Days On No News
Earnings Scheduled For November 21, 2016

In a report published Wednesday, Morgan Stanley analyst Jenny Jiang reiterated an Overweight rating on CNinsure Inc. (ADR) (NASDAQ: CISG), and raised the price target from $9.00 to $10.00.

In the report, Morgan Stanley noted, "CISG showed a clear recovery in its traditional channels. Execution on its O2O strategy is also on track. With better alignment of shareholder and management interests, we are increasingly positive on its outlook."

CNinsure closed on Tuesday at $8.22.

Latest Ratings for CISG

DateFirmActionFromTo
Mar 2016Summit Research PartnersTerminatesBuy
May 2013Morgan StanleyMaintainsOverweight
Mar 2013Morgan StanleyMaintainsOverweight

View More Analyst Ratings for CISG
View the Latest Analyst Ratings

Posted-In: Jenny Jiang Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

Related Articles (CISG)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
SHWKeyBancMaintains450.0
ACNCitigroupUpgrades169.0
CGBDJP MorganUpgrades15.5
NLYJP MorganUpgrades10.5
NTNXMorgan StanleyUpgrades58.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
Your weekly roundup of hot topics in the exciting world of fintech.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

Netflix Priced For Perfection And Running Into Resistance - A Time For Patience?

New Tinder Policies Anger Users