Morgan Stanley raises Befesa to 'Equal-weight' - Target 29 euros

Published: 2024-04-29 02:50:01 ET BFSA.DE

NEW YORK (dpa-AFX Broker) - The US investment bank Morgan Stanley has upgraded Befesa from "Underweight" to "Equal-weight" and left the target price at 29 euros. The risks are now priced into the shares of the recycling specialist, wrote analyst Sandeep Peety in a study published on Monday. A recovery depends in particular on synergies in the USA./ag/tih

Publication of the original study: 29.04.2024 / 04:00 / GMT

First disclosure of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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