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Message: Morgan Stanley ups MOL target price to HUF 14,000

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Morgan Stanley ups MOL target price to HUF 14,000

posted on Jul 27, 09 09:02AM

Morgan Stanley ups MOL target price to HUF 14,000

PORTFOLIO.HU

Monday, July 27, 2009 09:08:00 AM

Morgan Stanley has raised the target price of MOL from HUF 12,000 to HUF 14,000, holding the share at equal weight.

The target price has been bumped up by nearly 17% to HUF 14,000. The target price is only 4.5% higher than Friday's closing price, a possible reason why the analyst is equal weight on the stock.

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Falcon Oil & Gas Ltd. is a global energy company that is focused on acquiring, exploring and developing large acreage positions of unconventional and conventional oil and gas resources. read more