Morgan Stanley has upgraded a raft of stocks to overweight — here are 5

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Morgan Stanley's analysts said one of the overweight-rated stocks is set to rise over 50%.

Despite the market volatility, Morgan Stanley upgraded a raft of stocks in March, including both U.S. and global picks. The bullish calls spanned tech, pharmaceuticals and more, with the bank giving one stock a double upgrade. Here are five of the stocks upgraded by the investment bank: Pinduoduo Morgan Stanley upgraded Chinese e-commerce giant Pinduoduo to an overweight rating in a Mar. 2 note, raising its price target to $113 — giving the stock 52% upside to its current level.

50, or 20% potential upside, in its note from Mar. 6. The bank said ACM should enjoy a strong year of growth in 2023, supported by "strong" market share gains and new product launches. It also expects business in Europe in power semiconductors to expand. Morgan Stanley added that the company's price power was "holding up quite well" and raised its 2023-2024 earnings-per-share estimates.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Time to demand action from President Biden, he must declare a National Emergency and ban AR15s, ban ammunition until Congress passes a new Assault Rifle ban along with new age limits and other restrictions on guns. Use your influence. Make a difference

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

'Sell into rallies': Morgan Stanley names the stocks to navigate current European banking jittersMorgan Stanley strategists recommend 10 defensive stocks to own right now while selling European bank stocks 'into any material rally'. They probably forgot to add MorganStanley to the Sell list. Fully loathed with speculative assets Clown network
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »