tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Regis Resources downgraded to Equal Weight from Overweight at Morgan Stanley

Morgan Stanley downgraded Regis Resources to Equal Weight from Overweight with a price target of A$2.05, up from A$2. Gold has performed strongly and though the firm sees gold doing well near-term, it believes this is priced into equities already and downgraded Regis on valuation.

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.

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

Disclaimer & DisclosureReport an Issue

1