Unibail-Rodamco upgraded to Equal Weight from Underweight at Morgan Stanley

Morgan Stanley upgraded Unibail-Rodamco-Westfield (UNBLF) to Equal Weight from Underweight with a price target of EUR 85, up from EUR 80. The company’s operational performance “is holding up,” while the stock’s valuation suggests it “should probably perform more in line with the sector,” the analyst tells investors in a research note.