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Morgan Stanley price target raised to $153 from $146 at BofA

Morgan Stanley price target raised to $153 from $146 at BofA

BofA analyst Ebrahim Poonawala raised the firm’s price target on Morgan Stanley (MS) to $153 from $146 and keeps a Buy rating on the shares after Q4 EPS “handily beat” the consensus estimate, driven by stronger trading revenues and “inline but solid results” from the investment bank. Following the report, the firm raised its FY25 and FY26 EPS estimates by about 7% to $9.02 and $9.95, respectively.

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