Morgan Stanley upgrades two struggling financial names

|By:, SA News Editor

The team at Morgan Stanley cashes in its chips on its underweight call on Genworth Financial (GNW +1.3%), upgrading to Equal Weight after the post-earnings tumble of the last couple of weeks.

Previously: The morning after: Genworth removed from Focus List at Compass Point

Also upgraded is CNO Financial (CNO +2%) to Overweight from Equal Weight.