Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Merrill Raises Investment Rating on Morgan Stanley to Buy

Merrill Lynch raised its near term investment rating on Morgan Stanley Dean Witter (MWD) to buy from accumulate, saying that lower interest rates provide a better climate for financial services stocks. Despite the move, the stock was off 4-3/16 at 84-1/2 amid a general market downturn. Merrill is maintaining its long term buy rating on the stock.

Analyst Judah Kraushaar said that he believes the company is extremely well-positioned to benefit from international investment banking business. He said the strong mergers and acquisitions franchise could see a quick revival.

Kraushaar said the recent earnings per share disappointments and poor investor communication has translated into unusually depressed valuation. He sees progress in establishing best practices in asset management and private client areas.

blog comments powered by Disqus