Morgan Stanley (NYSE:MS) might lay off more employees than the few hundred financial advisers that were previously at risk of getting laid off. Morgan Stanley spokeswoman Mary Claire Delaney wrote in an e-mailed statement, “We are constantly evaluating the market conditions to ensure we are right sized. We have said we currently have no plans for a major (reduction in workforce) other than 300 or so underperforming FAs, and that remains the case.” Morgan Stanley (NYSE:MS) has a potential upside of 44.9% based on a current price of $21.07 and an average consensus analyst price target of $30.52.