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

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Morgan Stanley Reports Third Quarter 2015:

October 19, 2015 6:55 AM EDT

Net Revenues of $7.8 Billion and Earnings per Diluted Share of $0.48 Excluding DVA,1 Net Revenues of $7.3 Billion and Earnings per Diluted Share of $0.342,3,4 Continued Strength in Equity Sales and Trading; Investment Banking Ranked #1 in Global IPOs, #2 in Global Announced M&A5 Wealth Management Pre-Tax Margin of 23%6

NEW YORK--(BUSINESS WIRE)-- Morgan Stanley (NYSE: MS) today reported net revenues of $7.8 billion for the third quarter ended September 30, 2015 compared... More