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Franklin Resources price target lowered to $18 from $19 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Franklin Resources (BEN) to $18 from $19 and keeps an Underweight rating on ...
Banks prepare to sell US$3bil of X buyout debt
A group of banks led by Morgan Stanley is preparing to sell as much as US$3bil of senior debt tied to Elon Musk’s buyout of X ...
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Banks Gear Up to Sell $3B X Debt, Cutting Risk on Musk’s Social Media Venture
Wall Street banks are gearing up to sell off up to $3 billion in debt tied to Elon Musk’s acquisition of X (formerly Twitter) ...
Fed’s rate-cut view set to test resurgent US stocks
The US Federal Reserve’s (Fed) first meeting of 2025 this week stands to test the resurgence in US stocks as investors gauge ...