Morgan Stanley has adjusted its price target for Fresnillo (FNLPF, Financial), raising it from 800 GBp to 870 GBp. This adjustment was made by analyst Alain Gabriel, who maintained an Equal Weight rating on the company's shares.
The revised price target reflects Morgan Stanley's updated outlook on Fresnillo's market performance. The Equal Weight rating indicates a neutral view, suggesting that the shares are expected to perform in line with the market averages.