Morgan Stanley (MS) recently saw a decrease in stock, despite general market gains. The company anticipates the
S&P 500 reaching 6,500 next year and has upped the target to 7,400.
Investment made five years ago in MS would have led to a 215% gain. Firms like
Meridian Wealth Management,
BNP PARIBAS ASSET MANAGEMENT, etc. have increased their shares in MS. The institution also projects a 75% growth of family offices by
2030 based on 6 key growth pillars and saw an all-time high in stock at $135.53.
Morgan Stanley predicts a strong 2025 for the
S&P 500, and expects the
U.S. economy to outperform. The company is now attracting investor attention, and it has also been given approval to launch a local futures unit in
China while expanding with a new Southeast Asia headquarters. Despite internal stock sell-offs, it's enjoyed recent rises in profit surpassing forecasts and recording an earnings beat. It has further enriched fintech's global expansion by investing $20M in
NovoPayment. MS now offers Bitcoin ETFs to wealthy clients and is attracting investor attention.
Morgan Stanley MS News Analytics from Thu, 18 Apr 2024 07:00:00 GMT to Sat, 23 Nov 2024 12:11:07 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -7
