Michael Cyprys

Elevated market volatility typically boosts trading volumes and risk management activity, which is what followed the banking crisis. The uncertain macro outlook and recent bank events support more defensive exchanges and transactional-skewed beneficiaries, according to Morgan Stanley. The Exchanges...

Equity and crypto trading company Robinhood Markets Inc (NASDAQ: HOOD) reported quarterly results Wednesday that came in better than expected and had several items investors and analysts liked going forward. The report from Robinhood could be a major line in the sand for Coinbase Global...

Robinhood Markets, Inc. (NASDAQ: HOOD) shares rallied Tuesday after the trading app announced an extension of trading hours for customers. The Robinhood Analyst: Morgan Stanley analyst Michael Cyprys initiated coverage of Robinhood with an Equal-weight rating and $15 price target. The...

One of the biggest stories on Wall Street recently was the wave of online brokers that eliminated commissions on all stock and ETF trades. Interactive Brokers Group, Inc. (NASDAQ: IBKR), Charles Schwab Corporation (NYSE: SCHW), TD Ameritrade Holding Corp. (NASDAQ: AMTD) and E*TRADE...

The market had a muted reaction to TD Ameritrade Holding Corp. (NASDAQ: AMTD) earnings after the company reported better-than-expected EPS and 21 percent revenue growth in the most recent quarter. Expenses were down 2 percent, and adjusted operating margins were 54.6 percent on the quarter. Wall...

Discount broker earnings season is just around the corner, and several Wall Street analysts have weighed in on their favorite stocks before the important numbers come out. Overall, analysts seem bullish on discount brokers, but it’s still a stock picker’s game. William Blair’s...

Victory Capital Holdings Inc (NASDAQ: VCTR) is trading up 15 percent since making its market debut in early February, and there's room for more upside ahead, according to Morgan Stanley.  The Rating Morgan Stanley analyst Michael Cyprys initiated coverage on Victory Capital with an...

After gaining more than 40 percent in 2017, E*TRADE Financial Corp (NASDAQ: ETFC) has further upside ahead in 2018, according to Morgan Stanley. The Analyst Morgan Stanley's Michael Cyprys upgraded E*Trade from Equal-weight to Overweight with a price target boosted from $44 to $63. The...

The boon of a U.S. tax cut is driving cross-sector upgrades, but Invesco Ltd. (NYSE: IVZ) appears to be the exception. The firm’s off-shore domicile and relatively small tax boost inspired one analyst to downgrade the stock Wednesday.  The Rating Morgan Stanley analyst Michael...

After gaining nearly 75 percent over the past year, Apollo Global Management LLC (NYSE: APO)'s stock still has plenty of runway ahead in 2018, according to Wall Street's latest bullish analyst. The Analyst Morgan Stanley's Michael Cyprys upgraded Apollo Global's stock rating from...

Weighing in the prospects of The Carlyle Group LP (NASDAQ: CG) raising the largest ever North American dedicated buyout fund — and the stock's recent underpeformance — one analyst sees a possible 50-percent return in shares of the company.  The Analyst Morgan Stanley analyst...

While initiating coverage on brokers, Morgan Stanley said the industry is facing three disruptive threats. As the industry focuses on advice in search of growth, the firm has a sound piece of it for the companies in this space: scale and innovation. Morgan Stanley initiated coverage of four...

Morgan Stanley has released its updated list of the 30 best stocks to buy now and hold for at least three years. According to the Morgan Stanley research team, there are a number of U.S. market uncertainties ahead in the next three years, including U.S. economic growth, international weakness,...