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Titan shares gained 37% in 2019. Yet, Morgan Stanley has downgraded the stock

Updated : July 08, 2019 11:38 AM IST

Global brokerage firm Morgan Stanley has downgraded the firm to 'equal-weight' from 'overweight' with a target at Rs 1,300 per share.
Morgan Stanley sees less room for any more positive surprises from Titan in the coming quarters.
Morgan Stanley, now, recommends investors to shift to companies with high operating leverage.
Titan shares gained 37% in 2019. Yet, Morgan Stanley has downgraded the stock

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