
Reuters/David Mdzinarishvili
Don't want to hear it.
According to Morgan Stanley, three stocks face negative catalysts as their companies announce Q3 results.
In a note Friday, analysts at Morgan Stanley identified stocks with a high likelihood of moving dramatically on good or bad news.
"Our analysts believe that one or more imminent events will drive the share price materially over the next 15-60 days," said the note. "For each of these stocks, our analyst has high conviction in a view that diverges from the Street's, and expects a near-term event to drive the stock as the market's view moves closer to ours."
The analysts identified 9 stocks facing positive catalysts and 3 with negative ones Below we've put together the latter 3 stocks along with the analysts' best, base and worst case scenario for the stock price.