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Morgan Stanley price target raised to $145 from $120 at Wells Fargo

Wells Fargo analyst Mike Mayo raised the firm’s price target on Morgan Stanley (MS) to $145 from $120 and keeps an Equal Weight rating on the shares ahead of quarterly results. The firm believes large bank Q2 results should reflect its long-awaited EPS inflection, likely better-than-expected “green shoots” and the start of deregulation benefits.

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