• Home
  • Tags
  • Morgan Stanley

Morgan Stanley news and archive

BusinessFeatured

Morgan Stanley favours Primark over Zara

Morgan Stanley (NYSE:MS) has recently lifted its recommendation on shares in Associated British Foods (LON:ABF) to an ‘Overweight’ due to the low valuation it says is being applied to the Primark business in comparison to Inditex. In the same note to investors, analysts at Morgan Stanley pointed out that Primark’s implied valuation “seems...

loading...