Goldman downgrades Morgan Stanley

Discussion in 'Stocks' started by ASusilovic, Jul 29, 2009.

  1. NEW YORK (MarketWatch) -- Shares of Morgan Stanley fell about 1.5% Wednesday after analysts at Goldman Sachs trimmed their rating on the stock to neutral from buy.

    GS cautioned on MS trading and wealth-management businesses, but did say that several ongoing programs at Morgan Stanley are likely to create shareholder value.

    Goldman lowered Morgan's price target to $32 a share from $34. Morgan Stanley was lately trading at $27.01.
  2. There's a rumor that Morgan Stanley is about to downgrade Goldman Sachs.
  3. LOL! :D :)
  4. Let the "parade" begin. :cool: