In a report issued on July 8, Daniel Fannon from Jefferies maintained a Buy rating on Morgan Stanley (MS – Research Report), with a price target of $97.00. The company's shares closed last Wednesday at $75.14, close to its 52-week low of $72.23. According to TipRanks.com, Fannon is a 5-star analyst with an average return of 9.0% and a 62.8% success rate. Fannon covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Marketaxess Holdings, and Goldman Sachs Group. Morgan Stanley has an analyst consensus of Moderate Buy, with a price target consensus of $94.47, which is a 25.6% upside from current levels.
https://www.tipranks.com/news/blurbs/jefferies-thinks-morgan-stanleys-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Morgan Stanley (NYSE:MS)
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