Morgan Stanley analyst Rahul Anand downgraded Paladin Energy (PALAF) to Equal Weight from Overweight with a price target of A$7.40, up from A$5.70. There is still plenty of “growth potential”, but the stock now looks “fairly valued”, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PALAF:
- Paladin Energy to Announce June 2025 Quarterly Results
- Paladin Energy downgraded to Underweight from Neutral at JPMorgan
- Paladin Energy Ltd Announces Quotation of New Securities on ASX
- Paladin Energy Appoints New Director Michele Buchignani
- Paladin Energy Strengthens Board with New Canadian Director Appointment