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Nomura retained a buy rating, Morgan Stanley retained equal-weight, and CLSA downgraded Godrej Consumer Products stock.

2 reports, 1 independent Updated Oct 6
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What happened

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Nomura retained a buy rating, Morgan Stanley retained equal-weight, and CLSA downgraded Godrej Consumer Products stock.

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  1. Nomura maintained 'Buy' rating on Godrej Consumer Products, citing expected 13% sales growth in India and high-teens revenue growth in Indonesia.1 source
  2. Analyst ratings for Godrej Consumer Products varied, with CLSA issuing a downgrade.1 source

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