Morgan Stanley resumed coverage of Barratt Developments with an Equal Weight rating and 590 GBp price target post the Redrow acquisition. The company’s volume recovery looks capped in the near term, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTDPY: