Market sees diverging outlooks for Goldman Sachs, Morgan Stanley

01/19/2010 | Bloomberg

While Morgan Stanley is poised to rebound, Goldman Sachs is expected to reach a profit plateau this year. The market has started indicating diverging outlooks for the banks' earnings growth in their stock prices. Goldman Sachs has fallen 2.2% this year, while Morgan Stanley has advanced 2.6%. "It makes sense that Morgan's rebounding; they're coming from a lower level," said Ralph Cole, a senior vice president in research at Ferguson Wellman.

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