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>> MORGAN STANLEY Latest News

JAN 17, 2013 - Benzinga

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UPDATE: Morgan Stanley Downgrades Xcel Energy to Equal-Weight on Valuation

Morgan Stanley downgraded Xcel Energy (NYSE: XEL) from Overweight to Equal-weight and lowers the price target from $30.00 to $28.00. Morgan Stanley said, "XEL trades at ~14.0x our 2014e EPS compared to the 14.5x multiple of its large cap regulated peers.

Tags: UPDATE: Morgan Stanley Downgrades Xcel Energy to Equal-Weight on Valuation,  Morgan Stanley Latest News