Information Provided By:
Fly News Breaks for October 7, 2015
MS
Oct 7, 2015 | 07:40 EDT
As noted earlier, RBC Capital upgraded Morgan Stanley to Outperform from Market Perform. The firm expects the company's Wealth Management unit to continue to enable its EPS to rise regardless of the timing of the Fed's rate hike. RBC believes that the bank can return more capital than expected over time. Target $39.