Morgan Stanley (MS) Tops Q2 EPS by 17c
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July 16, 2024 12:39 PM EDT
CFRA analyst Ken Leon raised the price target on Morgan Stanley (NYSE: MS) to $124.00 (from $108.00) while maintaining a Buy rating.
The analyst comments "We are confident MS will significantly benefit from investment banking. We raise our target $16 to $124 on a forward P/E of... More
July 16, 2024 8:34 AM EDT
Citi analyst Keith Horowitz reiterated a Neutral rating and $98.00 price target on Morgan Stanley (NYSE: MS).
The analyst comments "MS reported a core beat to expectations as ISG top line came in stronger than expectations, particularly on debt underwriting and equities markets.... More
July 16, 2024 7:38 AM EDT
Morgan Stanley (NYSE: MS) announced robust second-quarter results today, surpassing analyst expectations with a reported earnings per share (EPS) of $1.82, which was $0.17 higher than the estimated $1.65.
The company also reported a significant increase in revenue, achieving $15 billion against a consensus estimate of $14.32 billion. This marks a notable improvement from the $13.5 billion revenue reported in the same quarter last year.
The firm's CEO, Ted... More
