tiprankstipranks
Trending News
More News >

Daicel downgraded to Equal Weight from Overweight at Morgan Stanley

Morgan Stanley downgraded Daicel (DACHF) to Equal Weight from Overweight with a price target of 1,400 yen, down from 2,300 yen. The firm expects the fiscal year to start with Q1 profits falling 26% on an unanticipated hit from the moving average for raw material costs, the analyst tells investors.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1