Exceptional positive changes in Morgan Stanley (NYSE: MS) investment behavior have recently occurred: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
Recent small positive changes in fundamentals have benefitted Morgan Stanley (NYSE: MS): significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, MS is expected to continue to be an important Value Builder.
Morgan Stanley has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Morgan Stanley has a very high Appreciation Score of 86 but a neutral Power Rating of 42, with the Positive Value Trend Rating the result.
Recent Price Action
On 12/14/23, Morgan Stanley (NYSE: MS) stock enjoyed a very large increase of 6.3%, closing at $91.04. Moreover, this advance was accompanied by exceptionally high trading volume at 212% of normal. The stock has performed in line with the market over the last nine months and has risen 14.6% during the last week.
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