Morgan Stanley raises target price for SE from $130 to $153

P +2.67% MELI +9.67% HPE -1.40% SE +1.74% TDC -0.76% 1 more

1. 1Morgan Stanley raises its target price for SE from $130 to $153 and maintains an overweight rating
2. 2Views growth investment as a phase of tactical reinvestment, saying underlying profitability is strengthening
3. 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

Source GuruFocus.com +2 · View original ↗

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