Sat, May 25, 2013, 3:43 PM EDT - U.S. Markets closed
Cut EPS to $1.00 from $1.45 but raised the price target $35. I really understand now that why we are fcukked...
From the article:"Lee estimates Morgan Stanley will earn $1 per share in 2009 and $3.30 per share in 2010. Before Lee took over coverage, KBW estimated Morgan Stanley would earn $1.45 per share in 2009 and $2.90 per share in 2010."
The article headline grabber should say: "KBW Lowers MS 2009 Estimates by 31%"