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Morgan Stanley Downgrades Cango to Equal-Weight, Lowers Price Target to $7.8

Morgan Stanley downgrades Cango (NYSE:CANG) from Overweight to Equal-Weight and lowers the price target from $16 to $7.8.

Benzinga · -

Morgan Stanley downgrades Cango (NYSE:CANG) from Overweight to Equal-Weight and lowers the price target from $16 to $7.8.