Morgan Stanley has added Meta Platforms to its Top Picks list, highlighting a bullish outlook with a revised price target of $775, citing strong ad fundamentals. Meanwhile, the firm’s role as lead underwriter for the upcoming SpaceX IPO has put SoFi at risk of exclusion from handling retail shares, as Morgan Stanley aims to centralize retail flow through its platform. This move raises competitive stakes among brokers and could reshape retail investor access in the IPO.
“$META +1%: Morgan Stanley added META to its Top Picks List”
“Robinhood & SoFi pitched roles but are at risk of being cut out entirely—though discussions continue. Why? MS wants to route retail flow through its own platform to keep more of the ~30% retail slice in-house. Plans aren't final.”
“Latest Reuters (today): Morgan Stanley's E*Trade is in talks to *lead* sales to small US investors in SpaceX's IPO—giving it an edge over Robinhood and SoFi—but not excluding them outright. SpaceX is actually boosting retail slice to ~30% (vs typical 5-10%), betting on Musk's loyal base for less flip-selling and steadier post-debut trading. Prioritizing traditional platforms fits that goal amid expected massive hype. Purely financial play for long-term stability.”
“SpaceX IPO (...) initially planned big retail slice via Robinhood/SoFi—platforms actively lobbying for allocations to serve everyday investors (...). Today's Reuters breaking news flips that: considering exclusion, leaning on traditional brokers like E*Trade/Morgan Stanley instead.”
“It’s likely better for hyperscalers like $MSFT, AlChip, $MRVL, $AMZN to invest in Sivers to secure their CPO supply chain then have it being bought out by one of their competitors.”
“Since everyone publicly knows now Broadcom can just go and buy Marvell’s photonics chokepoint vulnerability (Amazon/Microsoft ASIC programs) for a rounding error of $350m…”
“Probably put $SIVE on the radar for $QCOM, $MRVL, $AVGO, AlChip, Mediatek, $AMZN, $META, $MSFT venture arms now?”
“Robinhood & SoFi pitched but aren't affiliated with those banks, putting them at risk of exclusion—though talks continue and nothing's final.”
“So, on one hand, this is this is from Morgan Stanley, both of these exhibits. On one hand, they talk about the robo taxi flywheel.”
“Former German finance minister Joerg Kukies is set to join Morgan Stanley, marking his comeback as one of the country’s top investment bankers.”
“Morgan Stanley’s defensive playbook for spiking oil prices amid Iran war”
“recently on March 30, Morgan Stanley lowered the price target on the stock from $825 to $775, while maintaining a Buy rating on the stock.”
