Morgan Stanley analysts upgraded their view on European banks to attractive, saying that the sector has more upside even after rallying to a 17-year high. “With risks to European growth receding ...

Morgan Stanley upgrades all of the trust banks within its coverage. She sees capital markets rebounding, the end of quantitative tightening and a stabilizing regulatory environment in 2025.

with notable strength in HY (high-yield)/Leveraged Loans and Europe." Morgan Stanley's estimates for Deutsche Bank's (DB) profit before tax for 2024 is 4% ahead of consensus, and for 2025 is 13% ...