Morgan Stanley Analysts Cut Their Forecasts After Q3 Results
Morgan Stanley beats Q3 estimates with $3.03 EPS and $20.34B revenue; equity revenue jumps 41%, but analysts cut targets and shares slip 1.1%.
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Why It Matters
Morgan Stanley made more money than people expected this quarter. But experts think it won't stay this strong, so they lowered their goals.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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