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The bank star analyst Meredith Whitney is lowering estimates for Goldman Sachs and Morgan Stanley today.
Meredith Whitney Advisory Group lowered estimates for Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS):
On Goldman Sachs, the firm lowered Q4 EPS estimates from $6.38 to $6.00 (cons $5.59), FY09 from $19.95 to $19.57 (cons $19.29), FY10 from $21.73 to $16.75 (cons $18.78), and FY11 from $24.04 to $20.60. The firm set 2012 EPS at $21.45.
On Morgan Stanley, the firm lowered FY10 EPS estimates from $2.63 to $2.60 (cons $3.32) and FY11 from $3.28 to $2.75. The firm set 2012 EPS at $2.90.
Meredith Whitney has a Neutral rating on both stocks. in Street Insider. |
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