Morgan Stanley (NYSE:MS) is among the 7 Best Fortune 500 Dividend Stocks to Invest in Now. Keefe Bruyette recently raised MS’s price target to $202 from $184, maintaining a ‘Market Perform’ rating. The bank is also a top contender for a role in SpaceX’s IPO, leveraging its long-standing relationship with CEO Elon Musk.
Musk’s history with Morgan Stanley spans 15 years, positioning the bank as a frontrunner for the underwriting syndicate. However, the IPO selection process is ongoing, with Morgan Stanley, Goldman Sachs, and JPMorgan competing for roles. No final decisions have been made, and discussions are confidential.
While Morgan Stanley (NYSE:MS) shows investment potential, some AI stocks may offer greater upside. For those seeking undervalued AI stocks with potential benefits from Trump-era tariffs and onshoring trends, a free report on the best short-term AI stock is available.
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Read more at Yahoo Finance: Morgan Stanley (MS) Price Target Raised by $18
