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Morgan Stanley Upgrades Lockheed to Overweight With Street-High Target as Hedge Fund De-Grossing Hits Record
Read this in the Market Flux appMorgan Stanley $MS
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Morgan Stanley analyst Kristine Liwag upgraded Lockheed Martin to Overweight from Equal-weight and raised her price target to $835 from $690, citing the company's multi-year F-35 fighter jet contract. The new target is the highest on Wall Street for Lockheed. Lockheed's stock had already risen 5.16% to close at $635.33 on October 26 ahead of the call being widely noted.
On the technology front, Morgan Stanley analyst Brian Nowak called Amazon Web Services' third-quarter growth "disappointing vs expectations" but argued the shortfall was an expectations miss rather than a structural concern, noting that AWS added $3.8 billion quarter over quarter, the second-highest addition in the service's history. Nowak said the result does not change AWS's potential for further acceleration and its long-term opportunity.
Morgan Stanley's prime brokerage data captured a historic risk-off move among hedge funds, with clients recording a 7.8% de-grossing from their peak, the largest in the firm's prime brokerage records going back to 2016. Separately, Morgan Stanley's ETF wallets transferred approximately $106 million in Bitcoin to Coinbase Prime during the period.
In other analyst actions, Morgan Stanley resumed coverage of Clarivate with an Underweight rating and a price target of $1.50. On the emerging-markets side, portfolio manager Paul Psaila identified Central and Eastern Europe as one of the most attractive opportunities for investors looking to diversify away from the AI trade. Morgan Stanley and Mitsubishi UFJ topped the league table for automotive sector merger-and-acquisition financial advisers. Morgan Stanley Investment Management also participated as an investor in Kalshi's $1 billion Series G round, which valued the prediction-markets platform at $40 billion. On WEX, Morgan Stanley noted improving mobility volumes but flagged questions around the company's 2027 organic-growth outlook following its third-quarter earnings call.
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- Seeking AlphaStarbucks Corporation (SBUX) Q4 2026 Earnings Call Transcript
- MarketsdayCoal India Q2 FY27 Earnings Review & Target Prices, October 30, 2026 🔹 Coal India reported Q2 FY27 consolidated revenue of Rs 44,179 crore, up 21% YoY. 🔹 Q2 FY27 consolidated net profit reached Rs 6,547 crore, up 57% YoY, though EBITDA missed estimates primarily due to lower e-auction realisations and higher operating expenses. 🔹 Q2 FY27 consolidated EBITDA stood at Rs 8,499 crore, up 28.9% YoY, with EBITDA margin expanding to 19.2% from 18.0%. 🔹 FSA supply volumes grew 12% YoY, while total coal offtake reached 186.34 MT, up 13% YoY. 🔹 Coal inventories at thermal power plants fell to around six days, marking the lowest level in five years alongside strong 8% YoY thermal power demand growth. 🔹 Morgan Stanley maintained an 'Overweight' rating with a Target Price of Rs 480. 🔹 Jefferies maintained a 'Buy' rating but reduced its Target Price to Rs 460 from Rs 500, citing a 7% EPS CAGR expectation over FY26-FY29 and a ~7% dividend yield. 🔹 HSBC maintained a 'Hold' rating with a Target Price of Rs 440, flagging medium-term cost concerns despite strong dividend upside potential. #CoalIndia #Earnings #Energy #Stocks #India
- Yahoo FinanceWEX Mobility Volumes Improve, but 2027 Organic-Growth Outlook Faces Questions, Morgan Stanley Says
- BusinessCentral and Eastern Europe offers one of the most attractive opportunities in emerging markets as investors look to diversify from the AI trade, according to Morgan Stanley’s Paul Psaila
- TokenpostMorgan Stanley ETF Wallets Send About $106 Million in Bitcoin to Coinbase Prime
- WallstengineKALSHI RAISES $1B AT A $40 BILLION VALUATION Kalshi has closed a Series G co-led by Sequoia Capital and Wellington Management. Its valuation has climbed from $1B in June 2025 to $40B in just sixteen months. Kalshi launched in 2021 after spending nearly four years securing federal regulation. It gained traction during the 2024 election, then reached a much wider audience after introducing sports contracts in early 2025. Growth is now increasingly driven by markets beyond sports, including crypto, commodities, and new derivatives products: "Kalshi continues to experience significant growth, with Q4 revenue currently on track to surpass Robinhood's revenue." The new capital will support new products for retail and institutional customers, and international expansion. Other investors include Morgan Stanley Investment Management, Baillie Gifford, Coatue and Andreessen Horowitz. An IPO has also been discussed, though Tarek Mansour has not confirmed plans or provided a timeline.