Morgan Stanley Upgrades CHU to Overweight, Downgrades CHL, CHA to Equal Weight
CHU Hot Sheet
Rating Summary:2 Buy, 3 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 20 | Down: 11 | New: 38
In an intraday research note, Morgan Stanley has revised its investment ratings on several stocks in the Chinese Telecom sector:
Since news of the upgrade/downgrades hit the wires, shares of each stock have reacted appropriately. China Unicom shares jumped more than a percent and are now up more than 3% for today's session. Meanwhile, shares of China Mobile are up just 0.5% and shares of China Telecom are up 2.7%.
Since news of the upgrade/downgrades hit the wires, shares of each stock have reacted appropriately. China Unicom shares jumped more than a percent and are now up more than 3% for today's session. Meanwhile, shares of China Mobile are up just 0.5% and shares of China Telecom are up 2.7%.
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