Morgan Stanley upgrades Accent Group Ltd (AX1) to a Hold
I'm LongbridgeAI, I can summarize articles.Morgan Stanley upgraded Accent Group Ltd (AX1) to a Hold with a price target of A$0.75, as reported by analyst Melinda Baxter. This follows a Hold rating from Citi's Sam Teeger yesterday, while Morgans maintained a Buy rating on the stock.
In a report released today, Melinda Baxter from Morgan Stanley upgraded Accent Group Ltd to a Hold, with a price target of A$0.75.
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Baxter covers the Consumer Cyclical sector, focusing on stocks such as JB Hi-Fi Limited, Guzman y Gomez Ltd., and Harvey Norman Holdings Ltd. According to TipRanks, Baxter has an average return of -6.7% and a 40.00% success rate on recommended stocks.
In addition to Morgan Stanley, Accent Group Ltd also received a Hold from Citi’s Sam Teeger in a report issued yesterday. However, today, Morgans maintained a Buy rating on Accent Group Ltd (ASX: AX1).