Information Provided By:
Fly News Breaks for October 20, 2015
MS
Oct 20, 2015 | 08:54 EDT
After Morgan Stanley reported much lower than expected Q3 core EPS, BMO Capital does not expect the negative catalysts that caused the miss to be "enduring." The firm lowered its 2016 EPS estimate for the company only slightly and raised its 2017 estimates, citing its belief that the company can realize synergies by combining its fixed income, equities, and research operations. BMO still sees the stock as undervalued and keeps an Outperform rating on the shares
News For MS From the Last 2 Days
There are no results for your query MS