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HSBC Securities Downgrades Morgan Stanley (MS) to a Hold from a Buy

Morgan Stanley’s recent filing unveils that its Chairman Emeritus JAMES P GORMAN acquired Company’s shares for reported $6.6 million on Feb 27 ’25. In the deal valued at $132.00 per share,50,000 shares were bought.

Then, JAMES P GORMAN bought 100,000 shares, generating $13,000,000 in total proceeds.

Before that, CRAWLEY MANDELL sold 8,312 shares. Morgan Stanley shares valued at $1,147,555 were divested by the Chief Client Officer at a price of $138.06 per share. As a result of the transaction, CRAWLEY MANDELL now holds 55,249 shares, worth roughly $6.72 million.

HSBC Securities downgraded its Morgan Stanley [MS] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid November from “an Underweight” to “an Equal weight”. HSBC Securities also remained covering MS and has increased its forecast on October 04, 2024 with a “Buy” recommendation from previously “Hold” rating. Goldman revised its rating on September 11, 2024. It rated MS as “a Neutral” which previously was an “a Buy”.

Price Performance Review of MS

On Tuesday, Morgan Stanley [NYSE:MS] saw its stock fall -5.74% to $121.72. Over the last five days, the stock has lost -6.08%. Morgan Stanley shares have fallen nearly -3.18% since the year began. Nevertheless, the stocks have risen 41.47% over the past one year. While a 52-week high of $142.03 was reached on 02/07/25, a 52-week low of $84.43 was recorded on 03/04/25. SMA at 50 days reached $132.15, while 200 days put it at $114.20.

Levels Of Support And Resistance For MS Stock

The 24-hour chart illustrates a support level at 118.46, which if violated will result in even more drops to 115.19. On the upside, there is a resistance level at 125.78. A further resistance level may holdings at 129.83. The Relative Strength Index (RSI) on the 14-day chart is 31.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.68%. Stochastics %K at 25.28% indicates the stock is a holding.

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