MS · News · 20260916N

Capital Markets Demand Trends

MORGAN STANLEY · 2026-09-16 · Importance 17 · Surprise 24

Morgan Stanley Co-President Dan Simkowitz identified wealth management as a growth opportunity for the firm. He also cited a developing recovery in capital markets activity, indicating improving demand for investment-banking and related services. Continued financing demand tied to artificial intelligence was highlighted as another potential growth driver.

Key facts

• Morgan Stanley initiated coverage of Expedia Group with an "Underweight" rating and a $235 price target. source
• Morgan Stanley adjusted its price target for Targa Resources to $359 from $343 and reiterated an Overweight rating. source
• Morgan Stanley closed at $202.42 on the latest trading day, reflecting a -1.87% change compared to its last close. source
• Morgan Stanley cited a developing capital-markets recovery as a growth opportunity. source
• A Morgan Stanley analyst reiterated a "Hold" rating on U.S. Bancorp with a price target below the consensus, which was cited as a factor in U.S. Bancorp's share decline. source