Morgan Stanley Hits Circle With Drastic New Price Target Amid Crypto Contraction
The stablecoin firm is seeing its shares under pressure after some changes from Wall Street.
The stablecoin firm is seeing its shares under pressure after some changes from Wall Street.
U.S and Japan intervene, Senate bill, Amazon and OpenAI extend relationship, and other headlines moving stocks this morning.
It was a busy month for the Portfolio with multiple buys and price target changes, as well as some sizable profit-taking along the way.
A 14% dividend increase fuels our target change, but these factors foster the downgrade.
We closed out a profitable position, added to two others, and adjusted several price targets. Here’s what we’re watching next.
Prepping for hyperscaler earnings and chatting on three others in the Portfolio.
I made a mistake covering my Morgan Stanley ($MS) short.
The hype surrounding the IPO market’s prospects, is, well, hype, in my view.
See More Tales From Nvidia (Issue #219) today.
Position: None
New inflation math, retail margin usage and other headlines moving stocks this morning.
We raised a few price targets, added to three holdings, and locked in big gains in another.
MS ($MS) is trading -$6.70 to $221.82 and I have covered the balance of my short position.
Position: None.