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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.
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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.
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