The Ratings Game: Morgan Stanley downgraded to neutral at Citigroup, which sees good news ‘largely priced in’

The Ratings Game: Morgan Stanley downgraded to neutral at Citigroup, which sees good news ‘largely priced in’

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Morgan Stanley was at the receiving end of an analyst downgrade, a day after forecast-beating results that sent the stock soaring. Citigroup cut Morgan Stanley MS, to neutral from buy, though it maintained a $100 price target, in a note to clients late Tuesday. The Wall Street bank on Tuesday…

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