U.S. dollar strong, crude oil falls, stocks hold up despite earnings
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
UBS Cuts Price Target on Morgan Stanley (MS) to $39 Following 3Q Results
October 20, 2015 10:35 AM EDTUBS maintained a Buy rating on Morgan Stanley (NYSE: MS), and cut the price target to $39.00 (from $43.00), following the company's 3Q earnings results. Analyst Brennan Hawken said that the reaction to Morgan Stanley's results seems overdone, as expectations were high for the company.... More
