NAB 0.61% $38.17 national australia bank limited

Dont shoot the messenger Morgan Stanley (on NAB ) - “We forecast...

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    Dont shoot the messenger

    Morgan Stanley (on NAB ) - “We forecast an ~A$3.5bn capital raising and a further 10% dividend cut in FY20E, and we stay UW”. Lower PT from $25.60 to $24.00
 
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