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Benzinga
Benzinga
Business
Lisa Levin

Morgan Stanley Slashes Price Targets On Citigroup, Goldman Sachs, JPMorgan And Other Bank Stocks

  • Morgan Stanley lowered price target on Bank of America (NYSE:BAC) from $40 to $36. Morgan Stanley analyst Betsy Graseck maintained the stock with an Equal-Weight.
  • Morgan Stanley cut Wells Fargo (NYSE:WFC) price target from $62 to $59. Morgan Stanley analyst Betsy Graseck maintained the stock with an Overweight.
  • Morgan Stanley cut the price target on Citigroup (NYSE:C) from $46 to $44. Morgan Stanley analyst Betsy Graseck maintained an Underweight rating on the stock.
  • Morgan Stanley cut price target on Goldman Sachs Group (NYSE:GS) from $354 to $341. Morgan Stanley analyst Betsy Graseck maintained the stock with an Equal-Weight.
  • Morgan Stanley lowered the price target on JPMorgan Chase (NYSE:JPM) from $127 to $126. Morgan Stanley analyst Betsy Graseck maintained the stock with an Underweight.
  • Morgan Stanley cut the price target on Ally Financial (NYSE:ALLY) from $41 to $40. Morgan Stanley analyst Betsy Graseck maintained the stock with an Overweight.
  • Morgan Stanley cut the price target on Bread Financial Holdings (NYSE:BFH) from $45 to $39. Morgan Stanley analyst Betsy Graseck maintained an Equal-Weight rating on the stock.
  • Morgan Stanley lowered Citizens Financial Group (NYSE:CFG) price target from $51 to $48. Morgan Stanley analyst Betsy Graseck an Overweight rating on the stock.
  • Morgan Stanley cut Fifth Third Bancorp (NASDAQ:FITB) price target from $43 to $40. Morgan Stanley analyst Betsy Graseck maintained the stock with an Equal-Weight rating.
  • Morgan Stanley lowered price target on First Republic Bank (NYSE:FRC) from $167 to $161. Morgan Stanley analyst Betsy Graseck maintained the stock with an Equal-Weight.
  • Morgan Stanley cut price target on KeyCorp (NYSE:KEY) from $23 to $22. Morgan Stanley analyst Betsy Graseck maintained an Equal-Weight rating on the stock.
  • Morgan Stanley cut price target on PNC Financial Services (NYSE:PNC) from $180 to $172. Morgan Stanley analyst Betsy Graseck maintained the stock with an Underweight.
  • Morgan Stanley cut Regions Financial (NYSE:RF) price target from $28 to $27. Morgan Stanley analyst Betsy Graseck maintained the stock with an Overweight.
  • Morgan Stanley cut Signature Bank (NASDAQ:SBNY) price target from $247 to $244. Morgan Stanley analyst Manan Gosalia maintained the stock with an Overweight.
  • Morgan Stanley cut Synchrony Finl (NYSE:SYF) price target from $32 to $31. Morgan Stanley analyst Betsy Graseck maintained the stock with an Equal-Weight.
  • Morgan Stanley cut Truist Financial (NYSE:TFC) price target from $56 to $55. Morgan Stanley analyst Betsy Graseck maintained the stock with an Equal-Weight.
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