HSBC Upgrades Morgan Stanley (MS) to Overweight

July 11, 2008 7:26 AM EDT

HSBC upgrades Morgan Stanley (NYSE: MS) from Equal Weight to Overweight, citing valuation after sell-off. The firm believes the stock is oversold.

Morgan Stanley, through its subsidiaries and affiliates, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide.


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MS 25.05

-3.31 -11.67%
Volume: 449,330
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