Morgan Stanley (NYSE:MS) has been upgraded to ‘buy’ by Deutsche Bank AG (NYSE:DB) (ETR:DBK) research team and set a target price of $30. The Germany based Deutsche Bank AG (NYSE:DB) (ETR:DBK) in its markets research report upgraded the investment bank Morgan Stanley (NYSE:MS) to ‘buy’ from its earlier ‘hold’ recommendation. Morgan Stanley would benefit as its leverages Deutsche Bank AG (NYSE:DB) (ETR:DBK) analysts feel Morgan Stanley (NYSE:MS) would benefit as it leverages to rising equity markets and interest rates. Matt O’Connor and team feel Morgan Stanley (NYSE:MS) trades at a modest discount to tangible book despite posting 31 percent YTD gain. The research report observes…
Morgan Stanley Upgraded To Buy By Deutsche Bank
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports