macro

Morgan Stanley keeps Overweight on DraftKings and Curtiss-Wright

Morgan Stanley maintained its Overweight rating on DraftKings and Curtiss-Wright and cut its price target on Commercial Metals to $84 from $88, per Dow Jones Newswires.

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what happened

Morgan Stanley confirmed its Overweight rating on DraftKings and Curtiss-Wright shares. According to Dow Jones Newswires, the bank's analysts kept this view on both companies on October 19, 2026.

For Commercial Metals, the bank also kept its Overweight rating but lowered its price target to $84 per share from $88.

why it matters

Routine analyst actions like these rarely shift the broader market, but they show how a major bank views individual stocks. In Commercial Metals' case, a lower price target alongside an unchanged rating signals a more cautious valuation view without a change in the bank's overall stance. Analyst ratings are only one of several factors market participants weigh when assessing a company.

tags

instruments

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sources

  1. DraftKings Is Maintained at Overweight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 17:01 UTC
  2. Curtiss-Wright Is Maintained at Overweight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 16:58 UTC
  3. Commercial Metals Is Maintained at Overweight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 16:57 UTC
  4. FTAI Aviation Is Maintained at Overweight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 17:04 UTC
  5. Meta Platforms Is Maintained at Overweight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 17:19 UTC
  6. Victoria's Secret Is Maintained at Overweight by Morgan Stanley — Dow Jones Newswires, 19 October 2026 at 17:32 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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