Morgan Stanley upgrades stance on

HEROMOTOCO

shares after Q2 results; check out rating and target

Analysts at prominent Morgan Stanley have upgraded their rating on Hero MotoCorp to 'overweight' with a target price of Rs 6,471, releasing its positive note soon after the company posted a strong second-quarter performance. The brokerage said the auto firm's market-share declines have bottomed out and expects a multi-year recovery driven by gains in scooters, EVs and premium motorcycles. Q2 Results: PAT jumps 23%, revenue rises