Credit Suisse Downgrades Morgan Stanley (MS)
Credit Suisse reported on Tuesday that it has lowered its rating on financial services company, Morgan Stanley (MS).
The firm has downgraded MS from “Outperform” to “Neutral.” Analysts have downgraded the company based on valuation.
Morgan Stanley shares were mostly flat during Tuesday morning trading. The stock has increased 9.5% in the past year.
The Bottom Line
Shares of Morgan Stanley (MS) have a 0.92% yield, based on Monday’s closing price of $21.66.
Morgan Stanley (MS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars.
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