trending Market Intelligence /marketintelligence/en/news-insights/trending/q3i_VgjP-t8YQTUwqccJIA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Piper Sandler downgrades Morgan Stanley on valuation

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Piper Sandler downgrades Morgan Stanley on valuation

Piper Sandler analyst Jeffery Harte downgraded Morgan Stanley based on valuation.

Harte wrote that the stock's recent appreciation after reporting strong earnings results for the fourth quarter of 2019 has meaningfully narrowed the gap between its valuation and underlying fundamentals.

The analyst sees reduced potential for outperformance now that the stock is trading at 10.5x forward EPS and 1.4x tangible book value.

Harte downgraded Morgan Stanley to "neutral" from "overweight" and raised the price target to $59 from $56. He increased the EPS estimate for 2020 to $5.30 from $5.20 and initiated a 2021 EPS estimate of $5.86.