Morgan Stanley analyst Magdalena Stoklosa resumed coverage of Credit Suisse with an Equal Weight rating and CHF 4 price target. The analyst sees the bank reaching only "adequate profitability" by 2025. The firm believes execution risk is high at Credit Suisse with the stock in "wait and see" mode.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CS:
- Unusually active option classes on open January 26th
- Barclays appoints new co-heads of Investment Banking
- QIA becomes Credit Suisse’s second-biggest shareholder, FT reports
- Credit Suisse (NYSE:CS) to Lay Off over 10% of European Investment Bankers
- Credit Suisse price target lowered to CHF 2.90 from CHF 4 at Barclays
