Seaport Global analyst James Mitchell maintains $Morgan Stanley (MS.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 71.1% and a total average return of 10.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Morgan Stanley (MS.US)$'s main analysts recently are as follows:
The firm's assessment of Morgan Stanley acknowledges the company's third-quarter earnings surpassing expectations, driven by a comprehensive revenue surge and a 'constructive' future perspective shared by the analyst.
In the Wealth business sector, the company exceeded expectations with its net new assets, fee-based flows, and net interest income. Additionally, management highlighted a significant improvement in sweep deposit outflows subsequent to the initial rate reductions. The company also revealed that there has been an uptick in mortgage loan growth and anticipates further growth in securities-based lending, which is favored by the more encouraging equity environment in the context of lower interest rates.
Following the Q3 report, there has been an increase in EPS estimates for both Q4 and the year 2025, reflecting the positive impact of robust results, improved leverage, and growing momentum in wealth management.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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