Morgan Stanley Next To Go?

A Wall Street analyst slashed his price target and earnings estimates for Morgan Stanley late Thursday, as rattled investors pulled their money out of the financial giant amid concerns that it could become the next big victim of the credit crisis.

Ladenburg Thalmann analyst Richard Bove wrote in a note to clients that, “The pressures on the company are enormous,” while cutting his price target for the shares to $19 from $44.




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