Wolfe Research analyst Steven Chubak upgraded Morgan Stanley (MS) to Outperform from Peer Perform with a $198 price target Revenue growth is poised to accelerate from both share gains in investment banking and accelerating organic growth in wealth management, the analyst tells investors.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MS:
- Banks work to assess fallout after SitusAMC cyberattack, NY Times says
- SitusAMC Cyber Hit Puts JPMorgan (JPM), Citi (C), and Morgan Stanley (MS) Data Under Review
- Fed extends comment period on proposal to improve stress test to February 21
- Amazon Stock (AMZN) Falls despite Plan to Build New $3B Data Center in Mississippi
- Amazon Stock Falls (AMZN) as It Joins the Big Tech Bond Bandwagon