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Stock impact report

Morgan Stanley takes step back, still bullish on At Home Group [Seeking Alpha]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Seeking Alpha
At Home Group's (NASDAQ: HOME ) top bull is pulling back on its price target after it got the stock path wrong. Morgan Stanley has trimmed its price target to $33 from $40, in the wake of an earnings report Thursday that sent shares down by double digits. That provides a setback to 2019 estimates, but that will serve as a transitional profit year as the business isn't broken and longer-term EPS power is relatively unscathed, the firm says. (h/t Bloomberg) Shares are nonetheless in last after-hours action, from the first half hour after the close. The new price target still implies nearly 63% upside from today's close. Click to subscribe to real-time analytics on HOME Now read: REITs Catch A Bid Amid Market Turmoil » Subscribe for full text news in your inbox Show less Read more
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