Morgan Stanley Research Disclosure and Stock Rating Methodology

Morgan Stanley Research Disclosure and Stock Rating Methodology The document contains standard regulatory disclosures and rating definitions with no specific actors, transactions, or allegations. It offers no actionable investigative leads. Key insights: Describes Morgan Stanley's conflict‑of‑interest disclosures.; Explains rating terminology (Overweight, Equal‑weight, etc.) and regulatory mapping to Buy/Hold/Sell.; Provides aggregate rating statistics as of Dec 31 2017.