Morgan Stanley is a leading global financial services firm that provides a wide range of services in investment banking, securities, wealth management, and investment management
Catering to a diverse clientele that includes corporations, governments, and individuals, Morgan Stanley offers expert advisory and financing services, helping clients navigate complex financial markets and achieve their financial objectives. The firm is known for its strategic insights, innovative solutions, and commitment to delivering exceptional service, positioning itself as a trusted partner in the world of finance.
Bank of America analysts said Novo Nordisk might miss first-quarter estimates. According to TheFly, they expect the company to lower its full-year sales guidance from 16%-24% at constant exchange rates to 14%-22%.
Morgan Stanley expects the core monthly PCE rate to be 0.35%, rounding off to 0.4%, nudged higher by strong goods inflation and an acceleration in core services prices, excluding housing.
CoreWeave priced its initial public offering at $40 per share, below the expected range of $47 to $55, signaling investor caution despite demand for artificial intelligence-driven cloud computing services.
Three beverage companies that analysts love have outperformed the broader market this year; will renewed interest in energy drinks propel them further?
Morgan Stanley analyst Adam Jonas upgraded Carvana from Equal-Weight to Overweight and raised the price target from $260 to $280 following a sharp pullback in shares.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 6.3% in the pre-market session after Morgan Stanley analysts upgraded the stock's rating from Neutral to Buy. The analysts noted that the stock's recent pullback represented a "unique opportunity to build a position."
The research firm said that the topline growth would be muted, and margins might be pressured broadly in the sector due to changing consumer preferences and high input costs.
Shares of coffee chain Dutch Bros (NYSE:BROS) jumped 8.4% in the afternoon session after Morgan Stanley analyst Brian Harbour initiated coverage on the stock with a Buy rating and a price target of $82. The price target implied a potential 15% downside from where shares traded before the coverage was initiated.
