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26297 UBPETCH@EC2512A (CALL)
RT Nominal unchange0.038 0.000 (0.000%)

05/07/2024 15:16

{I-bank focus}Morgan raises PetroChina (00857) to HKD8.94

[ET Net News Agency, 5 July 2024] Morgan Stanley raised the target price for PetroChina
(00857) to HKD8.94 from HKD7.8 and maintained the "overweight" rating.
The research house said it believes there is still room for re-rating due to recent
investors' preferences shifting to high-yield names, leading to capital inflow. (rc)

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