Morgan Stanley downgraded Suzlon Energy stock after doubling YTD, but the target price remains raised.
Morgan Stanley downgraded Suzlon Energy shares, but raised price target due to strong order book growth and market potential. Suzlon Energy has seen a 217% rally in the last year, outperforming the Nifty 50 by 31%. Morgan Stanley downgraded the stock to ‘equalweight’, but raised its price target to Rs 88 per share, indicating an…