Morgan Stanley: Maintains COSCO Shipping Energy (01138.HK) target price at HK$26, reiterates "Overweight" rating.

Zhito Finance APP has learned that Morgan Stanley issued a research report reiterating its "Overweight" rating on COSCO Shipping Energy Transportation (01138.HK), maintaining the target price at HK$26; the bank expects that, benefiting from higher freight rates and improved utilization, COSCO Shipping Energy Transportation's profit in the third quarter of this year will improve quarter-on-quarter.