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Fly News Breaks for March 27, 2017
MS
Mar 27, 2017 | 09:42 EDT
As previously reported, Compass Point downgraded Morgan Stanley to Sell from Neutral and lowered its price target to $34 from $46. Analyst Charles Peabody views shares as overvalued based on the elongated trajectory towards earning a competitive ROE and most of the benefits of Project Streamline have been priced in or realized.
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