Melrose Industries PLC (LSE:MRO, OTC:MLSPF) has found a fan of sorts in US bank Morgan Stanley (NYSE:MS), which has started coverage with a 'hold' rating and a 500p price target. In particular, Morgan Stanley likes Melrose's presence in the aircraft aftermarket which it says supports its view profits will be between estimates of 6-10% above consensus forecast by 2027.
In the months before it failed last year, the executive chairman of First Republic Bank FRCB -7.69%decrease; red down pointing triangle sold more than $6.8 million worth of stock through Morgan Stanley MS 0.57%increase; green up pointing triangle. The bank has now settled an investigation that determined it failed to properly monitor the trades.
KMI generates stable fee-based revenues from its vast network of midstream infrastructure. However, a slowdown in drilling activities might affect it.
Market leaders of previous decades have seen their market capitalizations fall after becoming the most valuable companies listed on the S&P 500, JP Morgan's analysts said
Deutsche Bank analyst Matt O-Connor revised ratings on JP Morgan Chase & Co. JPM, Bank of America Corporation BAC and Wells Fargo & Company WFC.
Morgan Stanley (NYSE:MS) upgraded its view on European real estate and UK property developers in particular, seeing confidence returning to a sector where "balance sheets are healthy and assets have been marked down". Analysts at the investment bank upgraded their stance on the wider European property sector and said they were now "unequivocally bullish" on UK real estate investment trusts.
JP Morgan Chase (JPM) stock price has done well over the years as the company continued growing its market share in the banking industry. Its total return in the last five years has increased by over 136% while the S&P 500 index has risen by 108%.
There's growth ahead for Kinder Morgan stock as it operates 79,000 miles of pipelines and 139 storage terminals, most for natural gas.
One of the most well-known global investment banks, Morgan Stanley MS, is generating a lot of interest among investors. The company's shares have gained 9.5% so far this year.
Royal Caribbean Cruises, Carnival, Norwegian Cruise Line Holdings and J.P. Morgan are included in this Analyst Blog.
Ferrari N.V.'s “resilient and proven business model” led Morgan Stanley on Tuesday to raise its price target on the luxury carmaker's stock to $520, among the highest forecasts on Wall Street.
Despite Morgan Stanley's mildly bearish oil demand view, we believe the space is a good one for investors to take a position in. We suggest buying stocks like SM, FTI and TUWOY.