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Search resuls for: "UBS downgrades Morgan Stanley"


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Here are Wednesday's biggest calls on Wall Street on Wednesday: Goldman Sachs upgrades Shoals to buy from neutral Goldman Sachs said the solar company is very attractive. Morgan Stanley upgrades Cava to overweight from neutral Morgan Stanley said it's gaining confidence in the restaurant chain. JPMorgan upgrades CSX to overweight from neutral JPMorgan said rail concerns have already played out. JPMorgan upgrades Iris Energy to overweight from neutral JPMorgan said the bitcoin mining company is "best-in-class." JPMorgan initiates CleanSpark as overweight JPMorgan said the bitcoin miner offers "relative value."
Persons: Goldman Sachs, Wells, Wells Fargo, TD Cowen, Cowen, Stephens, Raymond James, it's bullish, Morgan Stanley, Cava, it's, UBS downgrades Morgan Stanley, Oppenheimer, Needham, Robinhood, MAUs, Truist, Piper Sandler, JPMorgan, Mizuho, SoFi, SOFI, Leerink, Apple Organizations: Netflix, JPMorgan, CSX, Nvidia, Iris Energy, Energy, UBS, Boeing, Oppenheimer downgrades Texas, Texas, Qs, Logistics, Amazon, Arista Networks, Barclays, Ball Corporation, Apple, Walmart, Deutsche Bank, Cboe Locations: CAVA, OW, U.S, China, ANET, SoFi
It will be hard for Morgan Stanley to move much higher from current levels, according to UBS. The investment bank downgraded shares of Morgan Stanley to neutral from buy and slashed its price target to $84 from $110. Hawken noted that while sorting is slowing, "it's unclear when it will end and the post-sorting growth algorithm for sweep balances." Morgan Stanley is slated to report third-quarter results Oct. 18. MS YTD mountain MS YTD stock chart — CNBC's Michael Bloom contributed to this report.
Persons: Morgan Stanley, Brennan Hawken, Hawken, Michael Bloom Organizations: UBS
Total: 2