HSBC Upgrades Morgan Stanley to Buy, Announces $118 Price Target
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez has upgraded Morgan Stanley from Hold to Buy, setting a price target of $118.
October 04, 2024 | 9:37 am
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HSBC analyst Saul Martinez upgraded Morgan Stanley from Hold to Buy, with a new price target of $118, indicating a positive outlook for the stock.
The upgrade from Hold to Buy by a reputable analyst at HSBC suggests increased confidence in Morgan Stanley's future performance. The $118 price target indicates potential upside, likely leading to positive investor sentiment and a short-term increase in stock price.
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