Morgan Stanley is usually at the forefront of whisking young tech companies public - handling stock offerings for Apple, Google and Facebook. Now its bankers are finding it's also lucrative to slow-walk a unicorn into the light of day.
After a decade vying with Wall Street rivals, Morgan Stanley is emerging as the adviser of choice for Palantir Technologies, Peter Thiel's secretive data-mining and visualization venture. The bank has earned about $60 million in fees arranging private funding for...
Morgan Stanley has increased its price target for Alphabet to $1,515, the highest on Wall Street.
The bank current values Waymo, Google's self-driving car unit, at $45 billion — but says it could reach $175 billion soon.
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Morgan Stanley can’t get enough of Waymo.
After saying that Google’s secretive self-driving car project could be worth $175 billion — already a $100 billion uptick from its previous valuation — the bank now believes that...
Morgan Stanley is no longer providing equity coverage on Tesla’s stock, the second firm to drop its stock rating on the electric automaker since CEO Elon Musk announced plans via Twitter to take the company private. Tesla declined to comment. Morgan Stanley could not be reached for comment to explain why it dropped Tesla. However, […]