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Fly News Breaks for January 20, 2016
MS
Jan 20, 2016 | 08:00 EDT
UBS lowered its price target on Morgan Stanley to $34 from $42 following the bank's Q4 results. The company announced restructuring items which should lead to higher profitability, but UBS believes investors will want to see results before its valuation improves. The firm maintained its Buy rating on Morgan Stanley shares.
News For MS From the Last 2 Days
MS
Apr 26, 2024 | 10:00 EDT
Automotive data and software services provider Solera is weighing an initial public offering that may raise over $1B and has picked banks including Goldman Sachs (GS) and Morgan Stanley (MS) to work on the offering, people familiar with the matter told Bloomberg's Amy Or and Ryan Gould. Solera could launch an offering as soon as in July, the sources noted. Reference Link
