Morgan Stanley Announces Ratings Changes to Regional Banks

October 8, 2009 10:23 AM EDT

Morgan Stanley upgrades Associated Banc-Corp (Nasdaq: ASBC) and TCF Financial (NYSE: TCB) from Underweight to Equalweight.

Morgan Stanley downgrades Prosperity Bancshares (Nasdaq: PRSP) to Underweight from Equalweight.

Morgan Stanley downgradea The South Financial Group (Nasdaq: TSFG) from Overweight to Equalweight rating.


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Stocks Mentioned

ASBC 11.42

+0.07 +0.62%
Volume: 317,910
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PRSP 39.20

+0.45 +1.16%
Volume: 107,227
Track PRSP

TCB 13.10

+0.05 +0.38%
Volume: 341,287
Track TCB

TSFG 0.57

-0.01 -1.72%
Volume: 1,220,763
Track TSFG


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