Computershare's (ASX:CPU) margins are set to further benefit from a higher interest rate outlook, according to a Thursday report by The Australian Financial Review, citing Morgan Stanley.
The firm noted that US spot and forward rates have risen by up to 100 basis points since September 2024, which has positively impacted the company's performance, the firm said.
Morgan Stanley's sensitivity analysis suggests a stable outlook on current rate curves, further supporting the expectation of continued margin growth, the firm added.
Morgan Stanley maintained the company's hold rating but raised its price target to AU$31.10 from AU$27.7.
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