Buckingham Research Downgrades Morgan Stanley To Neutral

Analysts at Buckingham Research downgraded Morgan Stanley

from Buy to Neutral, according to Bloomberg. The price target for Morgan Stanley is set to $38. Morgan Stanley shares have jumped 20.30% over the past 52 weeks, while the S&P 500 index has gained 14.65% in the same period. Morgan Stanley's shares fell 1.66% to $36.78 in pre-market trading.