© Reuters. By Senad Karaahmetovic Morgan Stanley strategists followed up on their last week’s piece that U.S. stocks could stage a near-term rally given oversold conditions. They noted that even the “slightest whisper of a potential Fed pivot” was enough for equities to stage a rally with the closing the week 4.7% higher. The strategists …
PIERS MORGAN threw his support behind pal Cristiano Ronaldo amid his Manchester United crisis. And he insists the Portuguese forward turned down £115million to play in Saudi Arabia. 2 Cristiano Ronaldo’s Manchester United future is in major doubtCredit: AFP 2 Piers Morgan has defended the Portuguese star publiclyCredit: Twitter Ronaldo, 37, has come under heavy …
© Reuters. By Senad Karaahmetovic Ally Financial Inc (NYSE:) shares closed almost 8% lower on Wednesday after the company reported worse-than-expected earnings. Moreover, the ALLY stock is down a further 3% on Thursday after the weak Q3 earnings print pushed analysts to cut their rating on shares. Ally reported an adjusted and revenue below the …
Ally Financial Slips After Wells Fargo, Morgan Stanley Downgrades By Investing.com Read More »
© Reuters. By Senad Karaahmetovic Amazon (NASDAQ:) is due to report on its Q3 performance next week. Heading into the print, Credit Suisse analysts cut the price target to $159 from $170 per share. The lowered price target reflects decreased 2022/23 EPS estimates. “We expect 3Q22 results to provide another data point for Amazon’s entry …
Amazon Reiterated as Top Pick at Morgan Stanley, Credit Suisse By Investing.com Read More »
Investing.com – Morgan Stanley (NYSE:) reported on Friday third quarter that missed analysts’ forecasts and revenue that fell short of expectations. Morgan Stanley announced earnings per share of $1.47 on revenue of $13.00. Analysts polled by Investing.com anticipated EPS of $1.52 on revenue of $13.23B. Morgan Stanley shares are down 19% from the beginning of …
Chennai, Oct 12 (IANS) A combination of factors like wider opening, improving labour market and terms of trade for the rural sector will result in rural demand to rebound in India, said Morgan Stanley (NYSE:) on Wednesday. In a research report, Morgan Stanley also said the high-frequency data suggest that overall economic activity has been …
Rural demand in India to rebound: Morgan Stanley Read More »
© Reuters. By Sam Boughedda Morgan Stanley told investors in a note on Tuesday that Microsoft (NASDAQ:) is one of the firm’s most preferred names in the software space. Microsoft is currently rated Overweight with a $354 price target by Morgan Stanley. Morgan Stanley said the company is preferred due to its combination of “strong …
Microsoft One of Morgan Stanley’s ‘Most Preferred Names in Software’ By Investing.com Read More »
New York, Oct 11 (IANS) The US and global economy is facing a “very, very serious” mix of headwinds that is likely to cause a recession by the middle of next year, warns Jamie Dimon, chief executive of JP Morgan Chase (NYSE:), the largest American investment bank. Dimon pointed to the effects of runaway inflation, …
US, global economy facing ‘very, very serious’ mix of headwinds: JP Morgan chief Read More »
© Reuters By Sam Boughedda Morgan Stanley cut the price targets of Google parent company Alphabet (NASDAQ:) and Facebook parent Meta Platforms (NASDAQ:) on Monday. Alphabet’s price target was cut to $135 from $145 per share, while Meta’s price target was lowered to $205 from $225. However, Morgan Stanley said the firm are buyers of …
Alphabet Price Targets Cut, But Morgan Stanley Buyers on Weakness By Investing.com Read More »
© Reuters. By Sam Boughedda Morgan Stanley analysts told investors in a note Thursday that telecommunications stocks may hold up well into year-end. The analysts explains in a research memo that investors are increasingly concerned that we are entering a recession, and typically, telecommunications stocks would benefit from a defensive rotation in such an environment. …
