12:35 PM EDT, 05/21/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price by $12 to $147, reflecting a wider risk premium to global market uncertainties and a forward P/E multiple at 16.5x compared to the five-year historic average at 16.8x. We think MS stands to significantly benefit when there is an upturn in investment banking. Global equity markets have rebounded from their lows in early April. Further upside for the firm's investment banking franchise is tied to CEO confidence for capital raising to drive organic growth and potential target acquisitions from market opportunities. With outsized earnings performance in Q1 2025, our 2025 EPS estimate is unchanged at $8.90, which we view as conservative given expected lower earnings in Q2 2025. Our 2026 EPS estimate is maintained at $9.25, below the current consensus at $9.29 per share. We are confident MS will directly benefit from rising equity markets in higher recurring fee income and net interest income in its Asset Management and Wealth Management segments.