MSCI (NYSE:MSCI) reported quarterly earnings of $2.51 per share which beat the analyst consensus estimate of $2.48 by 1.21 percent. This is a 28.06 percent increase over earnings of $1.96 per share from the same period last year. The company reported quarterly sales of $549.80 million which beat the analyst consensus estimate of $539.14 million by 1.98 percent. This is a 23.92 percent increase over sales of $443.66 million the same period last year.
Morgan Stanley Downgrades Evercore to Equal-Weight, Lowers Price Target to $156
Morgan Stanley analyst Manan Gosalia downgrades Evercore (NYSE:EVR) from Overweight to Equal-Weight and lowers the price target from $180 to $156.