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COSCO SHIP ENGY (01138.HK) Surges 11%+, Rated Overweight by M Stanley
Recommend 13 Positive 13 Negative 4 |
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COSCO SHIP ENGY (01138.HK) opened 4.88% higher today, peaking at $7.09. It last printed at $6.86, up 11.54%, on a volume of 63.1114 million shares, involving $431 million. Morgan Stanley estimated that COSCO SHIP ENGY has a 70-80% chance of rising in absolute terms within 15 days given the recent pullback has made short-term valuations more attractive. The broker gave the company an Overweight rating with a target price of $9.5. AAStocks Financial News |
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