The Latest Breaking News from Morgan Stanley

Benzinga's Top Ratings Upgrades, Downgrades For February 28, 2022

Upgrades

Benzinga · Feb 28, 2022

Morgan Stanley Sees Sharp Upside In This Automobile Components Manufacturer

Morgan Stanley analyst Adam Jonas upgraded American Axle & Manufacturing Holdings Inc (NYSE:AXL) to Overweight from Underweight with a price target of $16, up from $8, implying a 77% upside. While many other legacy OEMs and suppliers plough cash flow into EV projects that "will likely not generate their cost of capital," Jonas thinks American…

Benzinga · Feb 28, 2022

Analysts Continue To See Sharp Upside In Sprout Social Post Q4 Results

Analysts cut their price targets on Sprout Social Inc (NASDAQ:SPT) post Q4 results. Needham analyst Scott Berg lowered the price target to $75 from $160 (37% upside) given the significant multiple compression across high growth software but kept a Buy.  The company's Q4 results were "impressive," highlighted by the acceleration of upmarket demand, record large…

Benzinga · Feb 23, 2022

Here's How Analysts View Sabre Post Q4

Analysts raised their price targets on Sabre Corp (NASDAQ:SABR) post Q4 beat. Mizuho analyst Matthew Broome raised the price target to $11 from $10 (6% downside) and reiterated a Neutral.  The analyst says the company is making incremental progress despite the omicron setback. Morgan Stanley analyst Josh Baer maintained Sabre with an Equal-Weight and raised the…

Benzinga · Feb 16, 2022

Read How Analysts Reacted To Alteryx's Q4 Results

Analysts had mixed opinions on Alteryx Inc (NYSE:AYX) post Q4 beat. Alteryx is a software company that provides self-service data analytics software. Oppenheimer analyst Ittai Kidron lowered the firm's price target on Alteryx to $85 from $105 (62.9% upside) to reflect multiple realignments while keeping an Outperform rating on the shares.  The analyst notes Alteryx's Q4…

Benzinga · Feb 16, 2022

Morgan Stanley: Ethereum Could Have A Larger Market Than Bitcoin

Wall Street banking giant Morgan Stanley (NYSE: MS) believes the market for Ethereum (CRYPTO: ETH) could be even bigger than Bitcoin (CRYPTO: BTC<

Benzinga · Feb 11, 2022

Morgan Stanley Upgrades HeadHunter Group To Overweight, Sees 20% Upside

Morgan Stanley analyst Luke Holbrook upgraded HeadHunter Group PLC (NASDAQ:HHR) to Overweight from Equal Weight with a price target of $60, implying an upside of 19.8%. The analyst expects the Russian labor market to continue to be tight and to benefit the company in 2022 and provide a tailwind for HeadHunter. Holbrook adds that the selloff…

Benzinga · Feb 10, 2022

MGM Resorts: Why These Analysts Remained On The Sidelines Despite Strong Q4

MGM Resorts International (NYSE: MGM) reported its fourth-quarter revenues and margins ahead of Street expectations, with the beat being driven by its Las Vegas performance. Morgan Stanley On MGM Resorts

Benzinga · Feb 10, 2022

American Express And 3 Other Stocks Sold By Insiders

The annual inflation rate in the US increased to 7.5% in January, the highest level since February 1982 and well above analysts' estimates of 7.3%. Investors, meanwhile, focused on some notable insider trades.

Benzinga · Feb 10, 2022

Here's Why Morgan Stanley Sees Sharp Upside In This IT Company

Morgan Stanley analyst James Faucette reiterated his Overweight rating and $140 price target on Affirm Holdings Inc (NASDAQ:AFRM). The price target implies an upside of 87.5%. Faucette sees significant upside potential for its upcoming quarterly results.  The analyst says the company benefits from meaningful partnerships and new features. The "encouraging" app downloads data and "broadly…

Benzinga · Feb 10, 2022