Swiggy Shares Rally 7% After Morgan Stanley Initiates Coverage With ‘Overweight’ Rating

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SUMMARY

Swiggy shares jump over 7% to INR 356.55 during the intraday trading session on the BSE today

The surge in its stock price came after global brokerage firm Morgan Stanley gives overweight rating to Swiggy’s stock

Morgan Stanley gave Swiggy a price target of INR 405, 21.5% up from its last close

Swiggy’s shares surged over 7% to INR 357.55 during the intraday trading session on the BSE today following Morgan Stanley’s initiation of coverage with an ‘overweight’ rating.

With a rise in its share price,…



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Swiggy Shares Rally 7% After Morgan Stanley Initiates Coverage With ‘Overweight’ Rating


SUMMARY

Swiggy shares jump over 7% to INR 356.55 during the intraday trading session on the BSE today

The surge in its stock price came after global brokerage firm Morgan Stanley gives overweight rating to Swiggy’s stock

Morgan Stanley gave Swiggy a price target of INR 405, 21.5% up from its last close

Swiggy’s shares surged over 7% to INR 357.55 during the intraday trading session on the BSE today following Morgan Stanley’s initiation of coverage with an ‘overweight’ rating.

With a rise in its share price,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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