Morgan Stanley has released its latest ratings and target prices for several key stocks, maintaining a positive outlook on most of them.
- Bajaj Finance: The brokerage maintains an Overweight rating with a target price of ₹9,000 per share, highlighting the company’s strong growth trajectory and operational efficiencies.
- Coal India: Morgan Stanley continues to be optimistic about the company, maintaining an Overweight rating and setting a target price of ₹525 per share, supported by steady operational performance and dividend payouts.
- Tata Steel: The brokerage assigns an Equal Weight rating with a target price of ₹160 per share, citing stable demand trends.
- Petronet LNG: An Equal Weight rating is maintained, with the target price at ₹400 per share. The brokerage notes steady LNG demand growth as a positive factor.
- ACC: Morgan Stanley keeps an Equal Weight rating, setting the target price at ₹2,510 per share, reflecting stability in cement demand.
- Canara Bank: The brokerage maintains an Underweight rating with a target price of ₹80 per share, citing potential margin pressures and limited upside.
Disclaimer: This article is based on information provided by Morgan Stanley and is for informational purposes only. Business Upturn does not recommend buying, selling, or holding any stock. Please consult a financial advisor before making investment decisions.
