- The shares of Morgan Stanley (NYSE: MS) have received a $123 price target from Barclays. These are the details.
The shares of Morgan Stanley (NYSE: MS) have received a $123 price target from Barclays. And Barclays analyst Jason Goldberg increased the price target on the company from $110 while maintaining an “Overweight” rating on the shares.
Goldberg is expecting bank stocks to continue outperforming the market this year. And while the omicron variant introduces some near-term uncertainty, the sector has several positive trends this year.
Going forward, Goldberg expects loan growth to accelerate and net interest margins to benefit from higher interest rates.
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