The Zhitong Finance App learned that the latest tactical investment report released by Morgan Stanley indicates that it is expected that the BHP Billiton (BHP.US) stock price will absolutely rise within the next 60 days (not compared to the market, the stock price itself will rise), and a probability assessment of about 70% to 80% (that is, “very likely”). The bank maintained an “gain” rating on BHP Billiton, the industry view was “attractive,” and the target price for its Australian listed shares was set at $69.00. By the close of trading on October 12, BHP Billiton's stock price was reported at $62.43, with about 10.5% upside compared to the target price.

Morgan Stanley analyst Rahul Anand and his team said in the report that BHP Billiton is likely to usher in a number of positive catalysts in the coming months. Most notably, the company will host a field trip for investors and analysts at the South Australian Copper Project (Copper SA). The bank believes that this event is expected to strengthen the market's confidence in the scale of BHP Billiton Copper's growth plan and pace of commissioning, and the current market consensus expectations have not fully reflected this factor.

Furthermore, the final investment decision (FID) for the first phase of the Vicuna (Vicuna) copper project is expected to be made before the end of 2026, which also constitutes a potential share price catalyst. Morgan Stanley pointed out that these catalysts may push the stock price to strengthen in the short term.

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