By Michele Maatouk
Date: Friday 06 Sep 2024
(Sharecast News) - Morgan Stanley initiated coverage of Melrose Industries on Friday at 'equalweight' with a 500 price target.
The bank said a strong Aftermarket narrative supports its profit and loss estimate 6-10% above consensus by 2027.
"We believe cash flow is set to rise materially but timing is uncertain,"...
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