Morgan Stanley raises target price for SE from $130 to $153
MS Morgan Stanley
$218.38 +0.34%
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- 1Morgan Stanley raises its target price for SE from $130 to $153 and maintains an overweight rating
- 2Views growth investment as a phase of tactical reinvestment, saying underlying profitability is strengthening
- 3Q2 revenue of $7.8 billion (up 48% YoY) beat estimates of $7.09 billion; adjusted EPS of $0.70 missed the $0.83 estimate
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