This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Financial Companies: Morgan Stanley (MS) and Western Alliance (WAL)

Tipranks - Tue May 12, 10:04AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Morgan Stanley (MS) and Western Alliance (WAL) with bullish sentiments.

Claim 55% Off TipRanks

Morgan Stanley (MS)

In a report released today, Christopher Mcgratty from KBW maintained a Buy rating on Morgan Stanley, with a price target of $218.00. The company’s shares closed last Monday at $192.86.

According to TipRanks.com, Mcgratty is a 5-star analyst with an average return of 13.2% and a 74.0% success rate. Mcgratty covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Old National Bancorp Capital, and First Citizens BancShares. ;'>

Currently, the analyst consensus on Morgan Stanley is a Moderate Buy with an average price target of $201.42, implying a 4.7% upside from current levels. In a report issued on April 27, Erste Group also upgraded the stock to Buy.

See the top stocks recommended by analysts >>

Western Alliance (WAL)

Bank of America Securities analyst Ebrahim Poonawala maintained a Buy rating on Western Alliance today. The company’s shares closed last Monday at $77.13.

According to TipRanks.com, Poonawala is a top 100 analyst with an average return of 18.0% and a 76.6% 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. ;'>

Western Alliance has an analyst consensus of Moderate Buy, with a price target consensus of $89.00, implying a 9.0% upside from current levels. In a report issued on April 27, Piper Sandler also maintained a Buy rating on the stock with a $92.00 price target.

Read More on MS:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.