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Morgan Stanley Announces Ratings Changes to Regional Banks

October 8, 2009 10:23 AM EDT
ASBC Hot Sheet
Rating Summary:
    2 Buy, 5 Hold, 5 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 1
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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