Morgan Stanley Upgraded To Buy By Deutsche Bank

Morgan Stanley (NYSE:MS) has been upgraded to ‘buy’ by Deutsche Bank AG (NYSE:DB) (ETR:DBK) research team and set a target price of $30.

The Germany based Deutsche Bank AG (NYSE:DB) (ETR:DBK) in its markets research report upgraded the investment bank Morgan Stanley (NYSE:MS) to ‘buy’ from its earlier ‘hold’ recommendation.

Morgan Stanley would benefit as its leverages

Deutsche Bank AG (NYSE:DB) (ETR:DBK) analysts feel Morgan Stanley (NYSE:MS) would benefit as it leverages to rising equity markets and interest rates.

Matt O’Connor and team feel Morgan Stanley (NYSE:MS) trades at a modest discount to tangible book despite posting 31 percent...