RBC Upgrades Deutsche Bank (DB) to Outperform, Morgan Stanley (MS), Goldman (GS) to Sector Perform

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RBC Capital's Fiona Swaffield raised ratings on a number of large banks Friday morning:

• Deutsche Bank (NYSE: DB) from Sector Perform to Outperform
  
• Morgan Stanley (NYSE: MS) from Underperform to Sector Perform, price target raised from $17 to $21
  
• Goldman Sachs (NYSE: GS) from Underperform to Sector Perform, price target raised from $102 to $130

In pre-open action, Deutsche Bank shares are down 1.3 percent, Morgan Stanley shares are flat at $19.59, and Goldman shares are up 0.5 percent to $125.40.

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Deutsche Bank, Morgan Stanley, RBC Capital

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