Morgan
Investing.com — The U.S. market is poised to enter a new cycle of demand growth, with major drivers being rising liquefied natural gas exports and increased electricity consumption, according to analysts at Morgan Stanley (NYSE:). Despite challenges such as elevated inventories and production constraints, the long-term outlook for the market…
Investing.com — Morgan Stanley (NYSE:) raised its base case 12-month price target for the to 6,500, implying nearly 11% upside potential from the current levels. The move comes as the Wall Street firm maintains expectations of continued earnings growth and an accommodating monetary policy environment. The new target is based…
Investing.com — Morgan Stanley (NYSE:) raised its Nvidia (NASDAQ:) stock estimates ahead of the company’s earnings report next week. Despite supply constraints, the firm anticipates another robust quarter for Nvidia, however, it believes that more significant upward revisions will occur later in the year. The analysis notes that Nvidia’s new…
Investing.com — In a recent note to clients, Morgan Stanley analysts delved into the competitive landscape among leading membership-based retailers, focusing on Walmart+, Amazon Prime, and Costco (NASDAQ:). According to the report, Walmart+ continues to make strides with a membership base nearing record levels, bolstered by strategic initiatives like its…
By Simon Jessop LONDON (Reuters) – Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio as the world is moving too slowly to a greener economy, the bank’s chief sustainability officer told Reuters. A slowdown in electric vehicle sales, lagging adoption of biofuels in aviation…
By Milana Vinn (Reuters) – LionTree, the boutique investment bank led by prolific dealmaker Aryeh Bourkoff, has hired investment banker Ankur Luther from Morgan Stanley as it looks to capture more fees from advising on technology deals. Luther, who joined LionTree this week and will be based in New York,…
By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -Wall Street’s main indexes were on track for a muted open on Wednesday, following a selloff in tech and oil stocks in the previous session, as investors parsed quarterly results from banks including Morgan Stanley. Morgan Stanley rose 3.5% in premarket trading,…
Investing.com — The outlook for the European gas market remains exceptionally tight, according to analysts at Morgan Stanley, largely driven by lower-than-expected inventories and heightened competition for on the global stage. As Europe approaches the winter season, the region faces considerable pressure to attract sufficient LNG imports to meet demand,…
Investing.com — Morgan Stanley has initiated coverage on GitLab (NASDAQ:) with an “overweight” rating and a price target of $70, positioning the company as a key beneficiary in the growing DevOps/DevSecOps market. As per analysts at Morgan Stanley, GitLab is well-placed to emerge as a consolidator in this fragmented market,…
Investing.com — Indian corporate earnings growth is expected to slow to its lowest level in three years, driven by weak top-line performance, as per estimates from Morgan Stanley analysts in a note dated Tuesday. Despite a persistent earnings upcycle that has seen double-digit growth for 16 consecutive quarters, the September…