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Morgan Stanley Keeps Buy on Tuas Ltd. With A$5.00 Price Target

Tuas Limited logoTuas Limited
Sig2.25Sen+2.90Env0.00Soc0.00Gov0.00

Morgan Stanley kept Tuas Ltd. on a Buy rating and set a A$5.00 price target. The note cites Tuas’ latest quarterly results for the period ended Jan. 31: revenue of A$95.45 million and net profit of A$8.55 million, up from A$73.16 million revenue and A$3.02 million profit a year earlier. Analysts also show a Moderate Buy consensus with an A$5.00 average target.

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