Reuters: Money News: Morgan Stanley upgrades Biocon ahead of April-June earnings

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Morgan Stanley upgrades Biocon ahead of April-June earnings Jul 22nd 2013, 05:32 Reuters Market Eye - Morgan Stanley upgrades Biocon Ltd to "overweight" from "equal-weight" and raises its target price to 392 rupees from 283 rupees, citing improving base business, progress in the bio-similar platform and inexpensive valuations.

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