Markets
MS

Financial Sector Update for 02/03/2016: MS, UBS

Top Financial Shares:

JPM: +0.8%

BAC: +0.6%

WFC: +0.9%

C: +0.9%

USB: +0.3%

Financial shares were higher ahead of the opening bell on Wednesday.

In financial stocks news, Morgan Stanley ( MS ) was downgraded to underweight from neutral by Atlantic Equities, with a price target set at $27 a share.

Shares in the company were 0.2% higher at $24.56 pre-bell. The company has traded between $24.39 and $41.04 over the past 52 weeks.

And UBS AG ( UBS ) shares were downgraded to sector perform from outperform by RBC Capital Markets.

Shares in the company were 0.4% higher at $15.29 pre-bell. The company has traded between $14.97 and $23.19 over the past 52 weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

MS UBS

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More