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Benzinga
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Top Wall Street Forecasters Revamp Morgan Stanley Expectations Ahead Of Q3 Earnings

1. Morgan Stanley's Q3 earnings per share expected at $2.11, up from $1.88. 2. Projected quarterly revenue of $16.67 billion, up from $15.38 billion. 3. Removal of restrictions for clients' crypto fund investments announced. 4. Morgan Stanley shares fell 2.8% to $151.86 on Friday. 5. Several analysts maintain or raise price targets for Morgan Stanley.

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FAQ

Why Bullish?

Strong earnings expectations and crypto fund access could drive investor interest. Historical trends show significant price movements following earnings beats or strategic announcements.

How important is it?

Morgan Stanley's performance is pivotal for S&P 500, given its market weight and strategic initiatives.

Why Short Term?

The upcoming earnings announcement may impact stock prices quickly. Short-term reactions often occur in response to earnings results.

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