Prestige Estates Projects shares drop over 5% after Morgan Stanley cuts target price and rating
- Posted on November 27, 2024
- By Business News Today
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Prestige Estates Projects shares drop over 5% after Morgan Stanley cuts target price and rating
Shares of Prestige Estates dropped 5% after Morgan Stanley downgraded the stock to 'Underweight' citing slower pre-sales growth and reduced FY25 estimates, with a revised target price of Rs 1,510.