Team Terra Limpa Aims to Revitalize Agriculture in Angola; Wins Morgan Stanley Sustainable Investing Challenge

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UBS Cuts Price Target on Morgan Stanley (MS) Following 1Q Report; Reiterates Buy

April 19, 2016 8:42 AM EDT

UBS maintained a Buy rating on Morgan Stanley (NYSE: MS), and cut the price target to $32.00 (from $34.00), following the company's 1Q earnings report. UBS lowering forecasts for the remaining 9 months of 2016 due to a higher tax rate. 2017 EPS estimates have also been... More