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Analysts Offer Insights on Financial Companies: Morgan Stanley (MS), M&T Bank (MTB) and American Express (AXP)

Tipranks - Fri Apr 17, 5:10AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Morgan Stanley (MS), M&T Bank (MTB) and American Express (AXP).

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Morgan Stanley (MS)

In a report released yesterday, Brandon Berman from Bank of America Securities maintained a Buy rating on Morgan Stanley, with a price target of $220.00. The company’s shares closed last Wednesday at $191.62.

According to TipRanks.com, Berman is a 3-star analyst with an average return of 3.6% and a 65.5% success rate. Berman covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, First Bancorp Puerto Rico, and Texas Capital Bancshares. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Morgan Stanley with a $196.80 average price target, which is a 4.4% upside from current levels. In a report released today, KBW also maintained a Buy rating on the stock with a $218.00 price target.

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M&T Bank (MTB)

In a report released yesterday, Ebrahim Poonawala from Bank of America Securities reiterated a Hold rating on M&T Bank, with a price target of $217.00. The company’s shares closed last Wednesday at $217.10, close to its 52-week high of $225.70.

According to TipRanks.com, Poonawala is a top 100 analyst with an average return of 17.9% and a 77.0% success rate. Poonawala covers the Financial sector, focusing on stocks such as Pinnacle Financial Partners, Canadian Bank of Commerce, and Bank of New York Mellon. ;'>

Currently, the analyst consensus on M&T Bank is a Moderate Buy with an average price target of $231.04, which is a 4.3% upside from current levels. In a report released today, KBW also maintained a Hold rating on the stock with a $230.00 price target.

American Express (AXP)

In a report released yesterday, Mihir Bhatia from Bank of America Securities maintained a Buy rating on American Express, with a price target of $381.00. The company’s shares closed last Wednesday at $329.06.

According to TipRanks.com, Bhatia is a 4-star analyst with an average return of 8.0% and a 63.2% success rate. Bhatia covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Capital One Financial, and Synchrony Financial. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Express with a $353.27 average price target, which is a 7.4% upside from current levels. In a report issued on April 6, Goldman Sachs also maintained a Buy rating on the stock with a $360.00 price target.

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