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Morgan Stanley Cuts Citi Earnings Estimate 64%
Wednesday, July 9, 2014 - 10:27am | 312Morgan Stanley analyst Betsy Graseck released a note lowering her estimate for Citigroup’s (NYSE: C) 2014 Q2 EPS to $0.40 from $1.10 following the recent press suggesting a $4 billion hard-dollar Dow Jones settlement. Citi is preparing to pay $7 billion to settle a U.S. Department of...
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Morgan Stanley Optimistic on Volker's Rule Impact on Goldman
Monday, April 21, 2014 - 9:27am | 233In a report published Monday, Morgan Stanley analyst Betsy Graseck voiced optimism that Goldman Sachs Group (NYSE: GS) will “manage through” the Volker Rule's impact. The analyst began her analysis emphasizing that Morgan Stanley has Goldman Sachs exiting non-Volker investments by 2020. Graseck...
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UPDATE: Morgan Stanley Upgrades American Express on New OptBlue Program
Monday, February 10, 2014 - 8:51am | 92In a report published Monday, Morgan Stanley analyst Betsy Graseck upgraded American Express (NYSE: AXP) from Neutral to Overweight and raised the price target from $90 to $100. Graseck believes the new OptBlue program and improving economy will increase estimated EPS by 1-2%. In the report,...
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Morgan Stanley Maintains on Northern Trust
Thursday, January 23, 2014 - 11:06am | 168In a report published Thursday, Morgan Stanley analyst Besty Graseck maintained Underweight on Northern Trust (NASDAQ: NTRS), raising its price target to $66.00 from $63.00. According to the report, price target up 5 percent on expectations that management can deliver 270bp positive operating...
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Morgan Stanley Maintains on Regions Financial
Wednesday, January 22, 2014 - 9:46am | 203In a report published Wednesday, Morgan Stanley analyst Betsy Graseck maintained Overweight on Regions Financial (NYSE: RF), with a $12.00 price target. According to the report, with strong 5 percent loan growth, resilient NIM and falling expenses, RF appears well positioned to drive a 3.5 percent...
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Morgan Stanley Analyst Recommends Wells Fargo (BAC, JPM, WFC)
Wednesday, June 9, 2010 - 1:01pm | 127Markets are showing uncertainty due to contagion fears and regulatory reforms. In an interview with CNBC, Betsy Graseck, large cap bank analyst at Morgan Stanley (NYSE: MS), shared her outlook. She said that the market still has some attractive picks. She told CNBC, “This is a group that over time...