Kaspi.kz price target lowered to $115 from $127 at Morgan Stanley

From Yahoo Finance: 2025-06-18 09:30:00

Morgan Stanley analyst Nida Iqbal lowered the price target on Kaspi.kz (KSPI) to $115 from $127 and maintains an Overweight rating on the shares after an investor trip to Kazakhstan, Uzbekistan, and Turkey. The firm remains positive on Kaspi but lowers its 2025 group net income forecast by 6% due to losses in Turkey. Patience is advised due to near-term headwinds. Visit TheFly for real-time financial news. See the top stocks recommended by analysts for more information on KSPI. Read more on KSPI including Disclaimer & Disclosure and how to Report an Issue.



Read more at Yahoo Finance: Kaspi.kz price target lowered to $115 from $127 at Morgan Stanley