JP Morgan Downgrades Morgan Stanley To Neutral

Analysts at JP Morgan downgraded Morgan Stanley

from Overweight to Neutral. The target price for Morgan Stanley is set to $34. Morgan Stanley shares have surged 28.66% over the past 52 weeks, while the S&P 500 index has gained 17.13% in the same period. Morgan Stanley's shares fell 0.51% to $34.84 in pre-market trading.