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<Research>M Stanley Expects PETROCHINA (00857.HK) Shr Price to Rise w/ TP/ Rating at $8.75/ Overweight
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Morgan Stanley released a research report believing that PETROCHINA (00857.HK)'s share price will rise in the next 15 days, due to market concerns over energy supply disruptions in the Middle East, leading to a sharp increase in oil prices. The broker considered that the Group's stock price may rebound after recent weakness in oil prices, and rated PETROCHINA at Overweight, with a target price of $8.75. AASTOCKS Financial News Website: www.aastocks.com |
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