Morgan Stanley (MS) Stock:$ 115 Price Target From Citi

By Amit Chowdhry ● Dec 4, 2021
  • The shares of Morgan Stanley (NYSE: MS) have received a $115 price target from Citi. These are the details.

The shares of Morgan Stanley (NYSE: MS) have received a $115 price target from Citi. And Citi analyst Keith Horowitz upgraded Morgan Stanley to a “Buy” rating from “Neutral” while increasing the price target from $105.

Horowitz is very constructive on bank stocks and would use this recent pullback in the shares to build positions in high-quality names. And after meeting the company management, Horowitz is seeing further multiple expansion for Morgan Stanley as the company is delivering on its wealth management opportunity and is awarded a growth multiple. 

Plus Horowitz said the stock offers high quality at a reasonable price.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.