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 11.76

+0.00 +0.00%
Volume: 1,704,712
Track ASBC

PRSP 38.85

+0.00 +0.00%
Volume: 502,258
Track PRSP

TCB 12.66

+0.00 +0.00%
Volume: 1,583,899
Track TCB

TSFG 0.65

+0.00 +0.00%
Volume: 3,990,586
Track TSFG


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