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Stock impact report

Morgan Stanley Remains a Buy on Grab Holding (GRAB) Here's Why [Yahoo! Finance]

Grab Holdings Limited (GRAB) 
Company Research Source: Yahoo! Finance
a Buy rating on Grab Holdings Limited (NASDAQ:GRAB) without disclosing any price targets. ?The analyst said in a research note that her bullish rating is based on the improved competitive edge and strategic positioning of the company. She highlighted that the exit of DoorDash from Singapore and other markets enhances the company's market dominance in Singapore's food delivery, where it leads and continues gaining market share. ?The analyst forecasts sustained 20% revenue growth, paired with major gains in EBITDA and free cash flow, signaling Grab's shift to robust profitability. She also highlighted that new verticals, including grocery delivery and financial services, remain undervalued in the current stock price, offering additional upside for the company. Morgan Stanley Remains a Buy on Grab Holding (GRAB) Here's Why ?Grab Holdings Limited (NASDAQ:GRAB) offers a superapp in Southeast Asia, providing services across deliveries, mobility, and digital financial services. The c Show less Read more
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