Falcon is a global energy company with projects in Hungary, Australia & South Africa
Developing large acreage positions of unconventional and conventional oil and gas resources
Message: ANALYST VIEW - Morgan Stanley ups rating, TP on Hungary's MOL
ANALYST VIEW - Morgan Stanley ups rating, TP on Hungary's MOL
Monday, September 21, 2009 10:20:00 AM
Morgan Stanley has raised its rating on Hungary's MOL to ‘Overweight' from ‘Equal weight' on Monday, and also upped its target price to HUF 18,000 from HUF 14,000.
Morgan Stanley is less upbeat about MOL's Polish sector peer PKN. While it raised its TP to PLN 23 from PLN 20 it left is recommendation unchanged ‘Underperform'.
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