Morgan Stanley upgraded Barratt Redrow (BTDPY) to Overweight from Equal Weight with a price target of 600 GBp, up from 579 GBp. The firm sees an attractive entry point post the stock’s underperformance. While volume recovery will take time, we are at the inflection on outlets, the analyst tells investors in a research note.
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Read More on BTDPY:
- Barratt Redrow upgraded to Buy from Hold at Stifel
- Barratt price target raised to 536 GBp from 500 GBp at Deutsche Bank
- Barratt Developments (BTDPY) Announces Q4 Dividend: Read On for Important Dates
- Barratt Developments price target raised to 597 GBp at Morgan Stanley
- Barratt Developments reinstated with an Overweight at Barclays
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