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Imperial Oil Is Already Trading At A Premium, Morgan Stanley Says In New Underweight Rating
Tuesday, April 5, 2016 - 11:46am | 228Morgan Stanley issued a note on Imperial Oil Ltd. (NYSE: IMO) after recent analysis saying that the firm is trading at a premium with expected returns that may outperform its peers. Analysts initiated coverage on the company with an Underweight rating and a $36 price target. Analysts Benny Wong...