Dollar General: Morgan Stanley Maintains Equal-Weight, Raises PT to $85 from $80.
In a recent development, Morgan Stanley analyst Girish Achhipalia has downgraded Hindustan Aeronautics Ltd (HNAL:IN) from Overweight to Equalweight, with a new price target of INR5,092.00. This adjustment reflects a cautious outlook on the company's near-term prospects and the broader market volatility [1].
The global investment banking market is projected to grow significantly, presenting substantial opportunities for Morgan Stanley. However, the near-term momentum has slowed due to market volatility and proposed tariffs. Morgan Stanley's stock price has shown resilience, trading at $132.33 as of May 19, 2025, reflecting a decrease of 0.18, or approximately -0.14% [2].
While the long-term outlook for investment banking remains positive, the immediate landscape has been affected by market volatility and proposed tariffs. Morgan Stanley's stock has traded within a range of $131.79 to $132.66 today, and over the past year, it has reached a high of $142.03 and a low of $90.94, with a market capitalization of approximately $212.3 billion [2].
References:
[1] https://www.streetinsider.com/news.php?classic=1&id=24817580
[2] https://site.financialmodelingprep.com/market-news/morgan-stanley-market-volatility-growth-opportunities
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