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COSCO SHIPPING Rallies 11%+; M Stanley Projects Shr Rise in Next 15 Days
Recommend 4 Positive 5 Negative 3 |
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COSCO SHIPPING (01138.HK) last traded at $6.87, up 11.7%, with a turnover of $286 million, after peaking at $7.09 during the trading session and swelling 15.3%. Morgan Stanley released a technical opinion report on COSCO SHIPPING, assuming that the company's share price will rise in the next 15 days, with a 70-80% likelihood. It viewed that the stock's valuation is compelling after the recent sell-off. The broker maintained Overweight rating and target price of $9.5 on COSCO SHIPPING. AAStocks Financial News |
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