Morgan Stanley Boosts Numbers on a Host of Big Banks (BAC) (C) (GS) (JPM)

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Bank stocks are a little stronger Monday morning following raised estimates and price targets from analysts at Morgan Stanley.

Analyst Betsy Graseck said, "risk on trade buoys flows and positive marks driving up our 2012 EPS estimates by median 14 percent." However, the firm held off upgrading any of the banks.

• Bank of America (NYSE: BAC) price target raised from $7 to $9. Q1 EPS raised to $0.03, FY12 EPS from $0.40 to $0.47. Maintains Equal Weight.
  
  
• Citigroup (NYSE: C) price target raised from $30 to $42. Q1 EPS raised to $0.88. FY12 EPS rasied to $3.67. Maintains Equal Weight.
  
  
• Goldman Sachs (NYSE: GS) price target raised from from $112 to $125. Q1 EPS raised from $3.25. FY12 EPS raised to $11.10. Maintains Equal Weight.
  
  
• JPMorgan (NYSE: JPM) price target raised from $45 to $60. Q1 EPS raised to $1.22. FY12 EPS raised to $4.88. Maintains Overweight.

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Analyst Comments, Analyst EPS Change, Analyst PT Change

Related Entities

JPMorgan, Citi, Morgan Stanley, Bank of America

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