Bridge Investment Group Holdings (BRDG) Misses Q3 EPS by 3c

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Morgan Stanley Downgrades Bridge Investment Group (BRDG) to Equalweight

November 8, 2024 7:50 AM EST

Morgan Stanley analyst Michael Cyprys downgraded Bridge Investment Group (NYSE: BRDG) from Overweight to Equalweight with a price target of $11.00.

The analyst comments "We downgrade BRDG to Equal-weight (from Overweight) with a -25% and -12% cut to 2025 and 2026 EPS estimates as we see a slower than expected earnings recovery with reduced... More