Morgan Stanley's trading rout sets grim tone for fourth quarter

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Go back to Morgan Stanley's trading rout sets grim tone for fourth quarter

UBS Cuts Price Target on Morgan Stanley (MS) to $39 Following 3Q Results

October 20, 2015 10:35 AM EDT

UBS 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