# Morgan Stanley has recently run the ruler over the major ASX banks.

*fintech · news · 2026-04-16 · The Motley Fool Australia*

## Key points

- Morgan Stanley downgraded price targets for three of the four major ASX banks.
- NAB is considered the most vulnerable to the shift in operating conditions by Morgan Stanley.
- Morgan Stanley lowered its Australian housing loan growth forecast by about 1% for FY26.
- The CBA third-quarter profit is forecasted at $2.74 billion, down 1.5% from previous averages.
- Morgan Stanley sees increased caution among investors on margin trends and SME loan growth for ANZ.

**Companies:** National Australia Bank Ltd, Commonwealth Bank of Australia Ltd, ANZ Group Holdings Ltd
**Countries:** Australia, United States

[Read the full story on The Motley Fool Australia](https://www.fool.com.au/2026/04/17/in-the-midst-of-economic-turmoil-what-does-morgan-stanley-say-the-asx-banks-are-worth/)

---

Canonical: https://newsio.io/n/dee45fc2-a009-4d64-afe9-ce56affb190c/morgan-stanley-has-recently-run-the-ruler-over-the-major-asx-banks-for-three-of
Summarized by Newsio from The Motley Fool Australia. https://newsio.io/how-it-works