Morgan Stanley (MS) Tops Q2 EPS by 17c
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Morgan Stanley (MS) PT Raised to $124 at CFRA
July 16, 2024 12:39 PM EDTCFRA 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
Citi on Morgan Stanley (MS): 'ISG Drives Strong Core Beat'
July 16, 2024 8:34 AM EDTCiti 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
Morgan Stanley (MS) tops Q2 expectations on strong investment banking results
July 16, 2024 7:38 AM EDTMorgan 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
