Morgan Stanley (MS) PT Raised to $110 at Barclays
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RBC Downgrades Morgan Stanley (MS) to Sector Perform but Stays Bullish Long-Term
October 15, 2021 6:18 AM EDTRBC Capital Markets analyst Gerard Cassidy downgraded Morgan Stanley (NYSE: MS) to Sector Perform from Outperform.
The analyst argues that the traditional commercial banks are likely to outperform the investment banks, including MS, in an environment of higher interest rates in the next 18 months.
Still, the analyst remains bullish on MS long-term.
We believe at current valuations,... More
