Morgan Stanley Upgrades CHU to Overweight, Downgrades CHL, CHA to Equal Weight
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- Morgan Stanley Upgrades CHU to Overweight, Downgrades CHL, CHA to Equal Weight
In an intraday research note, Morgan Stanley has revised its investment ratings on several stocks in the Chinese Telecom sector:
- upgraded China Unicom (NYSE: CHU) to Overweight
- downgraded China Mobile (NYSE: CHL) to Equal Weight, and
- downgraded China Telecom (NYSE: CHA) to Equal Weight
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