Morgan Stanley Boosts Price Targets On These Big US Banks

Morgan Stanley revised price targets on big US banks today. Here are the changes:

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• Morgan Stanley raised the price target on JPMorgan Chase & Co. JPM from $126 to $153. Morgan Stanley analyst Betsy Graseck also upgraded the stock from Underweight to Overweight.
• Morgan Stanley boosted Bank of America Corporation BAC price target from $36 to $38. Morgan Stanley analyst Betsy Graseck maintained the stock with an Equal-Weight.
• Morgan Stanley increased the price target on Citigroup Inc. C from $44 to $45. Morgan Stanley analyst Betsy Graseck maintained the stock with an Underweight.
• Morgan Stanley boosted the price target on Wells Fargo & Company WFC from $54 to $60. Morgan Stanley analyst Betsy Graseck maintained the stock with an Overweight.
• Morgan Stanley raised the price target on Goldman Sachs Group Inc GS from $341 to $384. Morgan Stanley analyst Betsy Graseck maintained the stock with an Equal-Weight.

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