Top Wall Street Forecasters Revamp Morgan Stanley Expectations Ahead Of Q4 Earnings

Earnings Report - Morgan Stanley is set to release its fourth-quarter earnings on January 15, with analysts expecting earnings of $2.45 per share, an increase from $2.22 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $17.75 billion, up from $16.22 billion reported last year [1] Investment Activity - Morgan Stanley's middle-market private equity arm has made a majority investment in engineering firm Olsson, Inc. [2] - Following the announcement, Morgan Stanley's shares fell by 1.7%, trading at $183.34 [2] Analyst Ratings - Wolfe Research analyst upgraded Morgan Stanley from Peer Perform to Outperform with a 71% accuracy rate [3] - JP Morgan maintained a Neutral rating but increased the price target from $122 to $157, with a 76% accuracy rate [3] - Keefe, Bruyette & Woods maintained an Outperform rating and raised the price target from $176 to $184, with a 62% accuracy rate [3] - Evercore ISI Group maintained an Outperform rating and increased the price target from $165 to $175, with a 73% accuracy rate [3] - Wells Fargo maintained an Equal-Weight rating and raised the price target from $165 to $177, with a 73% accuracy rate [3]