UPDATE: Morgan Stanley Cuts PT to $8.50 on CNInsure Following Down Guidance
Morgan Stanley maintained CNInsure (NASDAQ: CISG) with an Overweight rating and lowered the price target from $9.00 to $8.50.
Morgan Stanley noted, "We remain OW on improving margin, better revenue growth outlook, low valuation, potential capital management and corporate restructuring.
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UPDATE: Morgan Stanley Cuts PT to $8.50 on CNInsure Following Down Guidance,
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