Calyon's Mike Mayo Ups Target on Morgan Stanley (MS) to $32, Maintains Underperform
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Calyon Securities' popular banking analyst, Mike Mayo, has raised his price target on shares of Morgan Stanley (NYSE: MS) this morning. While maintaining an Underperform rating, the analyst moved his target from $25 to $32.
With shares of Morgan Stanley down about a percent to $30.60 in this morning's pre-market session, Mayo's new price target represents potential upside of about 4.6% from current levels.
Visit our Analyst Ratings page to see all the market-moving analyst upgrades/downgrades/comments on shares of Morgan Stanley.
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide.
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