BUZZ-Morgan Stanley impressed with Superloop after earnings season; backs board execution

Reuters
10 Mar
BUZZ-<a href="https://laohu8.com/S/MSPQL">Morgan Stanley</a> impressed with Superloop after earnings season; backs board execution

** Analysts at Morgan Stanley positive on Australia's Superloop SLC.AX after February earnings season

** Brokerage sees an attractive risk reward situation for the telecommunications company, with earnings upside expectations from improved performance at consumer and wholesale segments

** Sees company having an extended runway for growth as it leverages its low-cost model to take market share from current incumbents

** Adds Superloop leadership team has executed very strongly over the last year

** Brokerage has A$2.65 PT on stock and rates it "overweight"

** Says contract win from Origin Energy ORG.AX is positive for co

** Stock down 4.6% YTD

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Sandra Maler)

((Rishav.Chatterjee@thomsonreuters.com;))

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