Initiated Outperform X

MS Morgan Stanley

BMO Capital Markets

$180

Upgrades Mkt Perform Outperform X

MS Morgan Stanley

Keefe Bruyette

$160

Downgrades Buy Hold X

MS Morgan Stanley

HSBC Securities

Upgrades Underweight Eq Weight X

MS Morgan Stanley

Wells Fargo

$142

Upgrades Hold Buy X

MS Morgan Stanley

HSBC Securities

$118

Downgrades Buy Neutral X

MS Morgan Stanley

Goldman

Downgrades Outperform Perform X

MS Morgan Stanley

Oppenheimer

Downgrades Overweight Neutral X

MS Morgan Stanley

JP Morgan

$94 $87

Downgrades Outperform Mkt Perform X

MS Morgan Stanley

Keefe Bruyette

$102 $91

Downgrades Buy Hold X

MS Morgan Stanley

Societe Generale

Downgrades Outperform Neutral X

MS Morgan Stanley

Exane BNP Paribas

$85

Downgrades Buy Hold X

MS Morgan Stanley

Odeon

$79.15

Upgrades Underperform Peer Perform X

MS Morgan Stanley

Wolfe Research

Downgrades Buy Neutral X

MS Morgan Stanley

UBS

$110 $84

Initiated Buy X

MS Morgan Stanley

HSBC Securities

$99

Upgrades Hold Buy X

MS Morgan Stanley

Odeon

$94

Downgrades Buy Neutral X

MS Morgan Stanley

Citigroup

$100

Upgrades Sell Hold X

MS Morgan Stanley

Odeon

$88.75

Downgrades Outperform Underperform X

MS Morgan Stanley

Wolfe Research

$92

Downgrades Overweight Neutral X

MS Morgan Stanley

Atlantic Equities

$95 $85

Downgrades Hold Sell X

MS Morgan Stanley

Odeon

Upgrades Perform Outperform X

MS Morgan Stanley

Oppenheimer

$111

Downgrades Outperform Sec Perform X

MS Morgan Stanley

RBC Capital Mkts

$97

Reiterated Buy X

MS Morgan Stanley

Jefferies

$108 $119

Resumed Outperform X

MS Morgan Stanley

Keefe Bruyette

$115

Initiated Buy X

MS Morgan Stanley

Jefferies

$108

Upgrades Hold Buy X

MS Morgan Stanley

Berenberg

$67 $91

Upgrades Neutral Outperform X

MS Morgan Stanley

Daiwa Securities

$86

Initiated Neutral X

MS Morgan Stanley

Daiwa Securities

$71

Upgrades Eq Weight Overweight X

MS Morgan Stanley

Barclays

$88

Upgrades Neutral Buy X

MS Morgan Stanley

Citigroup

$48 $52

Downgrades Buy Neutral X

MS Morgan Stanley

Citigroup

$48

Downgrades Hold Sell X

MS Morgan Stanley

Societe Generale

Upgrades Neutral Buy X

MS Morgan Stanley

Citigroup

Reiterated Equal Weight X

MS Morgan Stanley

Barclays

$63 $55

Upgrades Mkt Perform Outperform X

MS Morgan Stanley

Wells Fargo

Downgrades Buy Hold X

MS Morgan Stanley

HSBC Securities

Upgrades Underperform Mkt Perform X

MS Morgan Stanley

Bernstein

Initiated Underperform X

MS Morgan Stanley

Bernstein

MS  Morgan Stanley

Morgan Stanley is a financial holding company. The Company's segments include Institutional Securities, Wealth Management and Investment Management. The Company's Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients. The Company's Wealth Management business segment provides an array of financial services and solutions to individual investors and small-to-medium sized businesses and institutions covering brokerage and investment advisory services, market-making activities in fixed income securities, financial and wealth planning services, annuity and insurance products, credit and other lending products, banking and retirement plan services. The Company's Investment Management business segment provides a range of investment strategies and products.