Morgan Stanley: Lowered price target on Rivian (NASDAQ:RIVN) to $26 from $28
Morgan Stanley: Lowered its price target on Rivian (NASDAQ:RIVN) to $26 from $28.
Morgan Stanley: Lowered price target on Rivian (NASDAQ:RIVN) to $26 from $28 Read Post »
Morgan Stanley (NYSE:MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals.
Morgan Stanley: Lowered its price target on Rivian (NASDAQ:RIVN) to $26 from $28.
Morgan Stanley: Lowered price target on Rivian (NASDAQ:RIVN) to $26 from $28 Read Post »
Morgan Stanley analyst Betsy Graseck said that if a so-called soft landing is achieved with interest rates remaining high for longer, the largest U.S. bank would benefit from higher net interest income, as well as higher fees and improved efficiency, and the stock is an “undervalued rate-related stock.” JPMorgan’s market capitalization is expected to more than double to $1 trillion by 2030, cementing the latter’s position as the largest bank by market capitalization in the United States.
Morgan Stanley analysts expect Tesla (NASDAQ:TSLA) to launch a suite of technologies at ultra-low prices at an ultra-low price at the March 1 investor day to help promote the mass adoption of electric vehicles, which will be a key to the “third chapter of Tesla’s grand plan.” It noted that this Tesla investor day is likely to influence the market’s perception (and final valuation) of other brands of electric vehicles. Morgan Stanley analysts have given Tesla stock a “buy” rating with a $220 price target.
Morgan Stanley: Tesla (NASDAQ:TSLA) the launch of ultra-low-priced Read Post »
Morgan Stanley analyst Simeon Gutman lowered his price target on Home Depot (NYSE:HD) to $340 from $360 and maintained his overweight rating on the stock. Based on the assumptions mentioned on the fourth-quarter call, same-store sales fell 5 percent and EBIT margin was 14 percent, which would reduce fiscal 2023 earnings per share by about 12.5 percent year-over-year to $14.6, about 13 percent below consensus expectations, the analyst said. While Home Depot’s shares were lower with the downward revision of its FY2023 EPS forecast, the analyst added that the guidance did not address the market’s biggest near-term concern, namely a slowdown in the top line for a traditionally cyclical category; So even with a lower than Wall Street consensus expectations, the stock remains at risk.
Morgan Stanley: Raised Nvidia (NASDAQ:NVDA) price target to $255 from $246.
Morgan Stanley: Raised Nvidia (NASDAQ:NVDA) price target to $255 from $246 Read Post »
Morgan Stanley said in a research note that it lowered its Moderna (NASDAQ:MRNA) price target from $205 to $185 due to increased fees and capital expenditures, while maintaining a “hold” rating. The bank noted that Moderna’s fourth-quarter results were generally in line with expectations. The higher-than-expected guidance of 35%-40% for the cost of main business in 2023 is the most concerned downside factor in the bank’s forecast. Morgan Stanley added that advance filings for personalized cancer vaccines (PCV), flu 2024 and respiratory syncytial virus (RSV) vaccines, as well as a stronger U.S. commercial coronavirus market, are potential short-term upside drivers.
Morgan Stanley lowered Moderna (NASDAQ:MRNA) price target to $185 from $205 Read Post »
Morgan Stanley analyst Joseph Moore upgrades Intel (NASDAQ:INTC) from Underweight to Equal-Weight and lowers the price target from $29.5 to $28.
Morgan Stanley Upgrades Intel (NASDAQ:INTC) to Equal-Weight, Lowers Price Target to $28 Read Post »
Morgan Stanley Raises Applied Materials(NASDAQ:AMAT) Price Target to $125 from $88.
Morgan Stanley Raises Applied Materials(NASDAQ:AMAT) Price Target to $125 from $88 Read Post »
Morgan Stanley analyst Meta Marshall raised Cisco Systems (NASDAQ: CSCO) price target to $55 from $52 and maintained a “hold on the sidelines” rating, noting that Cisco’s fiscal second-quarter results and supply chain conditions were better than expected. The analyst added that the near-term focus will remain on releasing backlogs and fulfilling orders, with the company’s demand comments being more positive than the assessment.
Morgan Stanley Downgraded Affirm Holdings(Nasdaq:AFRM) From Overweight to Equal-Weight and Lowered Its Price Target From $46 to $15.
Morgan Stanley:Lowered Affirm Holdings(Nasdaq:AFRM) Price Target From $46 to $15 Read Post »
Morgan Stanley Sticks to Its Hold Rating for Lyft, Inc.(NASDAQ:LYFT).
Morgan Stanley Sticks to Its Hold Rating for Lyft, Inc.(NASDAQ:LYFT) Read Post »
Morgan Stanley: Cut Pfizer (NYSE:PFE) price target to $45 from $53.
Morgan Stanley: Cut Pfizer (NYSE:PFE) price target to $45 from $53 Read Post »