Morgan Stanley

Morgan Stanley is a New York-based bulge-bracket investment bank and wealth manager. Its research department placed in the top three of Extel's All-America research survey in 2024 and 2025.

Company history

Henry S. Morgan and Harold Stanley founded the firm in 1935 after the Glass–Steagall Act forced J.P. Morgan & Co. to separate its securities business. It listed on the NYSE in 1986 and merged with Dean Witter, Discover & Co. in 1997. In 2008 it became a bank holding company and sold a major stake to Mitsubishi UFJ; it later expanded wealth and asset management through Smith Barney, E*Trade (2020) and Eaton Vance (2021).

  1. 1935Founded by Henry S. Morgan and Harold Stanley
  2. 1986Initial public offering on the New York Stock Exchange
  3. 1997Merged with Dean Witter, Discover & Co.
  4. 2008Became bank holding company; Mitsubishi UFJ acquired major stake
  5. 2020Acquired online brokerage E*Trade
  6. 2021Acquired asset manager Eaton Vance

Research

Morgan Stanley Research had more than 600 analysts, strategists and economists and covered more than 3,700 stocks globally at the end of 2025. In Extel's 2025 All-America survey it tied BofA Securities for second place with 43 published positions and ranked third on the weighted leaders table. Stocks are rated Overweight, Equal-weight, Not-Rated or Underweight relative to the analyst's industry coverage universe over 12–18 months, alongside Attractive, In-Line or Cautious industry views.

Coverage12M

Stocks
1,411
Ratings
3,489
Price targets
3,499
Median upside
+12.8%
Upgrades
214
Downgrades
254
Initiations
44
Reiterations
2,977
Targets raised
2,019
Targets cut
1,173
  • Positive46%574
  • Neutral38%476
  • Negative16%205

Sectors

  • Information Technology16%
  • Health Care14%
  • Financials12%
  • Consumer Discretionary12%
  • Industrials11%
  • Other10%
  • Energy5%

Ratings

  • Overweight44%
  • Equal Weight42%
  • Underweight12%
  • Positive1%

Listing

  • United States74%
  • United Kingdom2%
  • Canada2%
  • China2%

Activity24M

RatingsPrice targets926
Oct 2024 · Ratings 182 · Price targets 86Nov 2024 · Ratings 164 · Price targets 31Dec 2024 · Ratings 188 · Price targets 45Jan 2025 · Ratings 230 · Price targets 36Feb 2025 · Ratings 240 · Price targets 29Mar 2025 · Ratings 213 · Price targets 99Apr 2025 · Ratings 384 · Price targets 84May 2025 · Ratings 348 · Price targets 58Jun 2025 · Ratings 135 · Price targets 33Jul 2025 · Ratings 317 · Price targets 65Aug 2025 · Ratings 296 · Price targets 91Sep 2025 · Ratings 184 · Price targets 125Oct 2025 · Ratings 280 · Price targets 356Nov 2025 · Ratings 227 · Price targets 167Dec 2025 · Ratings 260 · Price targets 376Jan 2026 · Ratings 246 · Price targets 351Feb 2026 · Ratings 170 · Price targets 324Mar 2026 · Ratings 233 · Price targets 83Apr 2026 · Ratings 247 · Price targets 246May 2026 · Ratings 265 · Price targets 384Jun 2026 · Ratings 262 · Price targets 215Jul 2026 · Ratings 515 · Price targets 411Aug 2026 · Ratings 437 · Price targets 376Sep 2026 · Ratings 265 · Price targets 143
Oct '24Oct '25Sep '26

Most covered24M

StockRatingTargetActionsLast action
NVDANVIDIA CorporationUnderweight$30033Sep 11
CRWDCrowdStrike Holdings, Inc.Overweight$25431Sep 21
AAPLApple Inc.Overweight$36430Sep 2
CIENCiena CorporationPositive$45028Sep 17
IDAIDACORP, Inc.Overweight$14328Sep 18
MSMorgan StanleyNeutral$21528Jul 21
MRVLMarvell Technology, Inc.Positive$26827Sep 21
SRESempraOverweight$10827Sep 18
COHRCoherent, Inc.Equal Weight$33026Aug 13
DELLDell Technologies Inc.Equal Weight$51126Sep 21

Analysts24M

  • David ArcaroIDA · DTE · AEE122
  • Michael CyprysVCTR · BLK · WT70
  • Devin McDermottCOP · MTDR · FANG68
  • Bob HuangPGR · MET · HG68
  • James FaucettePYPL · FISV · AFRM61
  • Joseph MooreNVDA · MRVL · ALAB60

Recent actions

StockRating actionRatingTargetDate
Ferrovial SEFERReiterateOverweightSep 22
EFGSYReiterateOverweightSep 22
Viking Therapeutics, Inc.VKTXReiterateOverweightSep 22
Brinker International, Inc.EATDowngradeOverweightUnderweightSep 22
Kinder Morgan, Inc.KMITarget$33$36Sep 22
Warner Bros. Discovery, Inc.WBDReiteratePositive$29$31Sep 22
Paramount Skydance Corporation Class B Common StockPSKYReiterateOverweight$12$11.50Sep 22
West Pharmaceutical Services, Inc.WSTTarget$365$400Sep 22
Telefonaktiebolaget LM Ericsson (publ)ERICDowngradeEqual-WeightUnderweight$9Sep 22

Similar coverage12M

References

  1. Morgan Stanley – Wikipediaen.wikipedia.org
  2. J.P. Morgan Stays Top of Extel's All-America Equities Research Table (Extel, 2025)einpresswire.com
  3. Morgan Stanley Core Businesses – research roster and coverage as of December 31, 2025advisor.morganstanley.com
  4. Ted Pick, Chairman and CEO | Morgan Stanleymorganstanley.com
  5. Morgan Stanley joins rivals in rolling out private company research, memo shows (Reuters, 2025)reuters.com
  6. Morgan Stanley Research report – analyst stock ratings and industry views disclosureadvisor.morganstanley.com