Morgan Stanley maintains ``underperform'' rating on SBI
Morgan Stanley has maintained its 'underperform' rating on State Bank of India, with a target price of 1,425 rupees, after a meeting with the lenders management.
American investment bank Morgan Stanley today said it maintains the ``underweight'' rating on State Bank of India, with a target price of Rs 1,425 a share, as it sees asset quality issues at the nation's largest lender.