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

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