Morgan Stanley (MS: NYSE) By FBR Capital Markets ($27.80, May 13, 2010)
WE ARE UPGRADING SHARES of Morgan Stanley (ticker: MS) from Market Perform to Outperform and maintaining our $35 price target.
Given the stock's recent pullback, we believe valuation offers an attractive entry point for a company that is in the midst of transitioning into what we expect will be a more stable, retail-oriented business model. Meanwhile, within institutional trading and investment banking, we expect Morgan Stanley to benefit from market-share gains as recent hires begin to have a greater impact on revenue throughout the year...
I don't think it's fair to say that. MS is roughly donw 1.5 %, same as the S&P it's in, while other financials are down 2 - 3 %. So it's actually holding it's value well. Overall due to the bearish mood of the markets their might be more downside risks than upside currently and any possition should be carefully evaluated.