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Morgan Stanley sees up to 22% upside in PFC, REC; initiates coverage with ‘Overweight’ rating

Posted by Able on July 10, 2025

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Morgan Stanley has initiated coverage on Power Finance Corporation (PFC) and REC with an 'Overweight' stance, projecting an upside of 18% for PFC and 22% for REC from current levels.

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Morgan Stanley sees up to 22% upside in PFC, REC; initiates coverage with ‘Overweight’ rating

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