Morgan Stanley’s stock outpaced gains in other financial stocks Thursday, after the bank and broker forecast a robust flow of deals as it beat both profit and revenue expectations for the latest quarter.
Wall Street analysts see Robinhood benefiting from deregulation and crypto expansion, with bullish calls from Morgan Stanley and Bernstein.
Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ estimates of $2.7 billion. The New York-based investment bank posted per-share earnings of $2.
BofA analyst Ebrahim Poonawala raised the firm’s price target on Morgan Stanley (MS) to $153 from $146 and keeps a Buy rating on the shares
Analyst Daniel Fannon of Jefferies maintained a Buy rating on Morgan Stanley (MS – Research Report), boosting the price target to $151.00.Stay
In the case of Morgan Stanley, the wirehouse wants its financial advisors to increase their banking relationships with clients and sell more loans, a practice known as cross-selling. For Merrill Lynch,
Profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled in the fourth quarter, signaling a strong 2024 for Big Banks. Stephen Biggar, director of financial services research at Argus Research,
Morgan Stanley reported robust earnings surpassing market expectations, powered by significant gains in revenue and income.
For digital, AirFibre based home broadband penetration is expected to accelerate per user revenue (ARPU) growth, the full effect of a tariff hike to become visible by June 2025 and potential announcement of monetisation and value discovery of the digital business.
U.S. corporations have faced challenges due to regulatory uncertainty and higher borrowing costs, leading to a slowdown in mergers and acquisitions activity. However, recent developments indicate a healthier business environment,
Willscot Holdings Corp (WSC) stock saw a modest uptick, ending the day at $36.64 which represents a slight increase of $0.07 or 0.19% from the prior close of $36.57. The stock opened at $36.83 and touched a low of $36.