Strong investment banking boosts Morgan Stanley outlook
Morningstar has lifted Morgan Stanley valuation after strong earnings beat, as banks benefit from surging dealmaking, trading strength and upbeat 2026 outlook.Morningstar has raised its fair value estimate for Morgan Stanley to US$148 per share, up from US$140, after the financial giant beat expectations in its fourth-quarter earnings. Morgan Stanley’s 4Q revenue increased 10.3 per cent to US$16.2 billion, compared with the same period last...
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