** Shares of Australia-listed GQG Partners GQG.AX extend losses to drop as much as 3.1% to A$1.88, their lowest levels since Feb 5, 2024
** Morgan Stanley reduces the price target of the U.S.-based investment manager to A$3.26 from A$3.8
** Brokerage also sees EPS to fall 14% in FY25 on the basis of lower flow forecasts
** While recent negative headlines have impacted flows in the past two months, we still look for mid- to high-single-digit inflows in FY25E - Morgan Stanley
** GQG stock slid in the previous session on smaller FUM and fund flows
** Morgan Stanley retains "overweight" rating
** Stock down 8.9% YTD, including current session's moves
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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