Morgan Stanley downgraded Magna to Equal Weight from Overweight with a price target of $43, down from $55. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on MGA: Magna downgraded to Underperform from Peer Perform at Wolfe Research Magna assumed at Underperform from Peer Perform at Wolfe Research Largest borrow rate increases among liquid names Magna price target lowered to $47 from $57 at RBC Capital Magna recommends rejection of ‘mini-tender’ offer Disclaimer & DisclosureReport an Issue