Morgan Stanley Names Zions (ZION), East West (EWBC) 'Long Research Tactical' Ideas, DiamondRock (DRH) 'Short' Idea

An analyst at Morgan Stanley issued some changes to the firm's "Research Tactical Idea" list Monday morning.

The analyst named shares of both Zions Bancorp (Nasdaq: ZION) and East West Bancorp (Nasdaq: EWBC) to its "Long" list, suggesting expected noteworthy near-term upside moving forward. The Morgan Stanley analyst named DiamondRock Hospitality (NYSE: DRH) to the firm's "Short" list, implying downside.

While shares of DiamondRock are down about 1 percent to $10.40 Monday morning, shares of Zions and East West Bancorp are down 0.56 and 0.94 percent, respectively.

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