Morgan Stanley price target raised to $132 from $131 at HSBC

HSBC analyst Saul Martinez raised the firm’s price target on Morgan Stanley (MS) to $132 from $131 and keeps a Hold rating on the shares. Bank stocks have pulled back, offering selective opportunities to add exposure, says the analyst, who raised the firm’s 2025-26 adjusted EPS estimates among the group by about 1%-7% to incorporate higher net interest income, investment banking fees, and share repurchase estimates.