The Latest Breaking News from Morgan Stanley

In this article I will analyze and compare Goldman Sachs Group (GS) and Morgan Stanley (MS) to determine which stock is currently a better investment.

Morgan Stanley analyst Adam Jonas lowered the price target to $4 (a downside of 30%) from $6 for Microvast Holdings Inc. (NASDAQ:MVST) while maintaining an Underweight rating on the shares. The analyst revised his estimates following the Q4 earnings call to reflect the company's updated outlook. Jonas noted that the current environment is creating challenges…

Morgan Stanley analyst Erik Woodring downgraded Dell Technologies Inc (NYSE:DELL) to Equal Weight from Overweight with a price target of $60, down from $66 (10.5% upside).  The analyst noted that the 2022 outlook for data center infrastructure is strong, but cracks are occurring in the PC outlook. Woodring noted the valuation is likely to be…

Truist has lowered the price target on IGM Biosciences Inc (NASDAQ:IGMS) to $74 from $80. The analyst Asthika Goonewardene says that the lower price target reflects the Company's Q4 results, deal financials, and increased cost to IGM Biosciences in its Sanofi SA (NASDAQ:SNY) collaboration deal.  Related: IGM Biosciences Shares Surge After Oncology / Immunology Pact With Sanofi.…

Robinhood Markets, Inc. (NASDAQ: HOOD) shares rallied Tuesday after the trading app announced an extension of trading hours for customers.

Morgan Stanley (NYSE:MS) has outperformed the market over the past 5 years by 2.08% on an annualized basis producing an average annual return of 16.41%. Currently, Morgan Stanley has a market capitalization of $161.91 billion.

Upgrades

Morgan Stanley raised the price target on IGM Biosciences, Inc. (NASDAQ: IGMS) from $25 to $30. IGM Biosciences shares fell 4% to $28.32 in pre-market trading.

The European Union said on Tuesday it will lend Tunisia 450 million euros ($500 million) to support its budget as the North African country faces a looming crisis in public finances for which it is seeking an international rescue package. Speaking after a meeting with Tunisian government officials in Tunis,…