Infosys lifts revenue growth forecast amid signs of strong North American demand
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- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
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- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
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Morgan Stanley (MS) PT Raised to $151 at Jefferies
January 17, 2025 5:13 AM ESTJefferies analyst Daniel Fannon raised the price target on Morgan Stanley (NYSE: MS) to $151.00 (from $144.00) while maintaining a Buy rating.
The analyst comments "Post 4Q24 results, we increase our EPS est's for 2025/2026 by +2% each to $8.30/$9.15 from $8.15/$9.00 previously. Positive revisions reflect the flow-through of... More
Morgan Stanley (MS) PT Raised to $150 at Evercore ISI
January 17, 2025 5:07 AM ESTEvercore ISI analyst Glenn Schorr raised the price target on Morgan Stanley (NYSE: MS) to $150.00 (from $140.00) while maintaining a Outperform rating.
The analyst comments "While we were way above the street and expecting a big print, MSs $2.22 handily topped our $1.91 estimate thanks to strong results in the IB, client balances and flows continue that to grow (~$8trn client assets and ~5% organic growth), the returns are high (20% in 4Q/19% for the year), theres a lot of excess... More
