Morgan Stanley analyst Sarita Kapila initiated coverage of AstraZeneca (AZN) with an Overweight rating and 14,500 GBp price target The firm sees a compelling entry point at current share levels, seeing a “reasonable valuation” ahead of AstraZeneca’s key pipeline readouts. The company offers sector leading earnings growth through fiscal 2028, the analyst tells investors in a research note. Morgan Stanley believes 2025 presents another year of double-digit earnings growth for AstraZeneca, with continued strong product sales momentum.
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