Movement Alert｜Morgan Stanley Falls 3.1% in Regular Trading, Multiple Analysts Recently Cut Price Targets

Market Focus10-30 22:12

On October 30, Morgan Stanley fell 3.1% in Regular Trading, trading at $184.3 per share with turnover of $173 million.

The clearest catalyst in recent coverage is a wave of target-price cuts by several brokerages, which has kept pressure on sentiment despite one recent increase from Evercore ISI.

Recent analyst actions included Daiwa lowering its target to $200 from $228, Citigroup to $210 from $235, and Rothschild & Co Redburn to $199 from $215, while Evercore ISI raised its target to $240. The company previously reported quarterly EPS of $3.03 on revenue of $20.34 billion, both above consensus, but commentary around the results noted the beat was driven largely by trading activity and that sustaining momentum may require broader revenue diversification amid sector valuation pressure.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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