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Scentre Group upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley analyst Simon Chan upgraded Scentre Group to Overweight from Equal Weight with a price target of A$3.55, up from A$3. Chan, who believes large regional retail malls in Australia are positioned to offer safety, security and growth over the next 12-18 months, upgraded Scentre to Overweight and two peers to Equal Weight.

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Published first on TheFly

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