BUZZ-Australia's Computershare extends gain, <a href="https://laohu8.com/S/MSPQL">Morgan Stanley</a> hikes PT** Shares of Computershare CPU.AX rise 1.4% to A$35.3, their highest level since January 31
** Shares of co, which specialises in financial administration, extend gain from the previous session
** Stock tracks gains in Australia's industrials sub-index .AXNJ, which is up 1.1%
** Morgan Stanley hikes price target to A$31.10 from A$27.70, maintains "equal-weight"
** Brokerage upgrades management FY25 and FY26 earnings guidance by 3% and 6%, respectively, citing a stronger U.S. dollar and better margin balances
** Two of 12 analysts rate the stock "strong buy", 10 "hold"; their median PT is A$34.22 – LSEG data
** Stock fell 39.2% in 2024
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))
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