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It’s been brutal for Australian funds managers who eschewed Afterpay – Sydney Morning Herald

Whether analysts believe Afterpay is 50 per cent more valuable today than it was a week ago is highly debatable but doubting fund managers could no longer ignore it.

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Morgan Stanley appears not prepared to raise its target price to align with Afterpays underwritten floor issue price of $61.75. While acknowledging the “impressive update” the firm hedged its bets wi…

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