Morgan Stanley shares are trading higher after HSBC upgraded the stock from Hold to Buy and announced a $118 price target.
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley shares rise as HSBC upgrades the stock from Hold to Buy, setting a $118 price target.
October 04, 2024 | 2:12 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley shares are trading higher following an upgrade by HSBC from Hold to Buy, with a new price target of $118.
HSBC's upgrade from Hold to Buy and the announcement of a $118 price target is a positive signal for investors, likely leading to increased buying interest and a short-term rise in Morgan Stanley's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100