Morgan Stanley has downgraded Udemy Inc (NASDAQ: UDMY) to ‘Underweight' from ‘Neutral' and reduced its price target to $7.50 from $10, implying a potential downside of 7% from the current trading price.
April this year, I wrote a bullish piece on MSDL. Since then the total return performance has landed at negative 5%. This is mostly explained by the end of the post-IPO lock-up period, not underlying fundamentals. Looking at Q2, 2024 earnings, we will see a continued stability with many data points being clearly better than for most of other BDCs.
Morgan Stanley revised its outlook on the US auto industry, lowering its assessment from ‘Attractive' to ‘In-Line', and downgraded major US automakers including General Motors, Ford, and Rivian as part of the exercise. This adjustment reflects increasing competitive pressures from China, rising inventory levels, and affordability concerns impacting domestic automakers.
Morgan Stanley's fee-based revenue structure and AI integration position them to thrive in a lower interest rate environment, making shares a strong buy. Lower interest rates are expected to boost deal-making activity, benefiting Morgan Stanley's wealth management and investment banking divisions. Despite a higher forward P/E ratio, Morgan Stanley's PEG ratio suggests market skepticism, which, I believe, is misplaced given their growth potential.
Morgan Stanley downgraded ASML Holding NV (NASDAQ: ASML) on September 20 by cutting the stock's rating from Overweight to Equal-weight.
Morgan Stanley on Friday downgraded earnings estimates for computer chip equipment maker ASML , the latest brokerage to do so following weakness in the memory chip market and concerns over demand from Chinese chipmakers and Intel.
Brian Nowak, managing director at Morgan Stanley, joins 'The Exchange' to discuss Darden's partnership with Uber for delivery, the Uber-Waymo partnership expansion, and more.
Micron Technology, Morgan Stanley and NVIDIA are included in this Analyst Blog.
Kinder Morgan shares have risen 26% in the last year, driven by solid execution and moderate growth in key metrics. Kinder Morgan's extensive natural gas pipeline network and stable, contracted cash flows make it a reliable dividend investment. The company has made significant progress in deleveraging, reducing its net-debt-to-adjusted-EBITDA ratio, and has decent dividend coverage, making it a solid choice for income investors.
24/7 Wall St. Insights Apple Inc. (NASDAQ: AAPL) launching the iPhone 16 without an upcoming software upgrade may have been a mistake.
Micron Technology (MU) stock was one of the biggest decliners in the S&P 500 Monday after Morgan Stanley slashed its price target to $100 from $140 and gave a downbeat assessment of the memory chip sector.
Kinder Morgan is fairly valued but poised for appreciation due to rising global energy demand and AI-driven power consumption increases. The company benefits from extensive midstream assets, particularly in Texas, and is well-positioned for growth in LNG exports and domestic gas demand. Kinder Morgan's 5.4% dividend yield and anticipated Federal Reserve rate cuts enhance its attractiveness, supporting potential stock price increases.