Streetbeat News

Analyst Ratings

MS

Morgan Stanley has announced that Edward Pick will take over as CEO from January 1, 2024, with current CEO James Gorman moving to the role of Executive Chairman. Pick has been with the company for two years as Co-President. The bank also announced that Co-President Andy Saperstein will become the Head of Wealth and Investment Management and Dan Simkowitz will become Co-President of the firm and the Head of Institutional Securities. Morgan Stanley recently reported a Q3 net profit of $2.4 billion, beating the consensus of $12.58 billion.

Portfolio Pulse from Nabaparna Bhattacharya

October 26, 2023 | 12:43 pm

TMO

Morgan Stanley analyst Tejas Savant has maintained an Overweight rating on Thermo Fisher Scientific (NYSE:TMO) but lowered the price target from $600 to $545.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:35 pm

NOW

Morgan Stanley analyst Keith Weiss maintains an Overweight rating on ServiceNow (NYSE:NOW) and has raised the price target from $630 to $648.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:33 pm

SEIC

Morgan Stanley analyst Rayna Kumar maintains an Underweight rating on SEI Inv (NASDAQ:SEIC) and has lowered the price target from $63 to $61.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:32 pm

ODFL

Morgan Stanley analyst Ravi Shanker has maintained an Equal-Weight rating on Old Dominion Freight Line (NASDAQ:ODFL) and raised the price target from $358 to $360.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:31 pm

NSC

Morgan Stanley analyst Ravi Shanker has maintained an Equal-Weight rating on Norfolk Southern (NYSE:NSC) and lowered the price target from $174 to $170.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:30 pm

MCO

Morgan Stanley analyst Toni Kaplan has maintained an Equal-Weight rating on Moody's (NYSE:MCO) and lowered the price target from $332 to $318.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:29 pm

AAPL

Apple analyst Ming-Chi Kuo has tweeted that the likelihood of Apple updating the new Apple Watch Ultra in 2024 is decreasing.

Portfolio Pulse from Charles Gross

October 26, 2023 | 12:29 pm

MAT

Morgan Stanley analyst Megan Alexander has maintained an Overweight rating on Mattel (NASDAQ:MAT) but lowered the price target from $27 to $25.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:27 pm

KLAC

Morgan Stanley analyst Joseph Moore has maintained an Equal-Weight rating on KLA (NASDAQ:KLAC) and lowered the price target from $529 to $500.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:27 pm