Morgan Stanley Reports Third Quarter 2015:
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UBS Cuts Price Target on Morgan Stanley (MS) to $39 Following 3Q Results
October 20, 2015 10:35 AM EDTUBS maintained a Buy rating on Morgan Stanley (NYSE: MS), and cut the price target to $39.00 (from $43.00), following the company's 3Q earnings results. Analyst Brennan Hawken said that the reaction to Morgan Stanley's results seems overdone, as expectations were high for the company.... More
Morgan Stanley (MS) Posts Q3 EPS of 34c, ex. DVA
October 19, 2015 6:56 AM EDTMorgan Stanley (NYSE: MS) reported Q3 EPS of $0.34, which may not compare with the analyst estimate of $0.63. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $8.54 billion.
EPS and revenue were down 47% and 12% from last year, respectively.
Business Overview
Institutional... More