Morgan Stanley: Morgan Stanley sees 7-35% upside for new-age stocks

Morgan Stanley: Morgan Stanley sees 7-35% upside for new-age stocks

Brokerage Morgan Stanley remains bullish on new-age businesses like Zomato, Policy Bazaar, Nykaa, Paytm and Delhivery, despite the recent jump in the stock prices. The firm sees up-move of 7% to 35% in these stocks. “We see macro factors aligning (multiple re-rating for growth stocks in India and other regions, tight PE/VC money keeping the … Read more

Hot Stocks: Brokerage view on Paytm, Policy Bazaar, Cummins India and Quess Corp

Hot Stocks: Brokerage view on Paytm, Policy Bazaar, Cummins India and Quess Corp

Brokerage firm Nuvama remains positive on Quess Corp, Morgan Stanley recommended an Equal Weight rating on PB Fintech, and Citigroup has a sell rating on Paytm. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nuvama on Quess Corp: Target Rs 630 Nuvama sees limited downside in Quess … Read more