The Latest Breaking News from Morgan Stanley

Analyst opinions remained mixed about C3.ai, Inc (NYSE:AI) following its dismal FY23 guidance despite a Q4 beat. Piper Sandler analyst Arvind Ramnani downgraded C3.ai from Overweight to Neutral and slashed the price target from $28 to $15. The re-rating reflected lackluster guidance triggered by enterprise spending softness, slower customer growth, and a dismal demand.  Ramnani noted the…

Analysts appreciated MongoDB, Inc's (NASDAQ:MDB) Q1 beat but cut the price target to reflect macro headwinds. Needham analyst Mike Cikos maintained MongoDB with a Buy rating and lowered the price target from $362 to $310. The price target change reflected the declines in the broader stock market. Cikos acknowledged MongoDB's strong 1QF23 feat outperforming guidance and expectations.…

Morgan Stanley cut S&P Global Inc. (NYSE: SPGI) price target from $419 to $401. S&P Global shares fell 0.1% to $331.84 in pre-market trading.

Co-founder of Multiverse believes ‘obsession with the academic’ is holding some people back

Long-lasting global auto semiconductor chip shortages could ease sooner than expected on the back of strong foundry shipments, consumer electronics slowdown and China re-opening, Morgan Stanley analyst Adam Jonas said on Tuesday.

A whale with a lot of money to spend has taken a noticeably bearish stance on Morgan Stanley. Looking at options history for Morgan Stanley (NYSE:MS) we detected 11 strange trades.

NIO Inc (NYSE: NIO) shares are trading higher Tuesday after Morgan Stanley added the stock to its "tactical idea" list. 

Morgan Stanley analyst Kimberly Greenberger downgraded American Eagle Outfitters Inc (NYSE:AEO) to Underweight from Equal-Weight with a price target of $8, down from $22, implying a 32% downside. The analyst noted the company reduced its 2022 guidance as its optimism proved excessive. Greenberger sees further risk to sales driven by significant Average Unit Retail (AUR) giveback. She…

Upgrades

Analysts lowered the price target of Jack In The Box Inc (NASDAQ:JACK) following the company's Q2 results. Wedbush analyst Nick Setyan lowered the price target to $90 (35% upside) from $110 and maintained Outperform rating on the stock. The analyst thinks JACK's current valuation discounts an overly pessimistic view of the management's ability to…

Shares of Gap Inc (NYSE: GPS) intially dropped more than 5% on Friday after the company reported first-quarter earnings and cut its full-year profit guidance.