BMO Capital Markets raises Morgan Stanley's price target to $118.00, indicating a 30.07% upside.

BMO Capital Markets has raised Morgan Stanley's (MS) price target from $115.00 to $118.00, indicating potential upside of 30.07% and maintaining an "outperform" rating. This follows several other positive price target adjustments by other firms including Cfra, JMP Securities, Barclays, and Royal Bank of Canada. Morgan Stanley's Q1 earnings exceeded expectations with $2.02 earnings per share and $15.14 billion in revenue.

April 18, 2024
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