حركة سعر السهم وراء الكواليس: هل ستؤجل MSCI قرارها وهل يمكن أن يغير الوضع؟

【Block Rhythm】After-hours trading yesterday was quite interesting——a major listed company’s stock price surged nearly 6%. The reason: MSCI temporarily halted its plan to remove the company from its index. It sounds like good news, but analysts seem to be fixating on the word “temporarily.”

TD Cowen analyst Lance Vitanza put it quite bluntly: “This is indeed unexpectedly positive, but we still need to figure it out——is this a real turning point, or just a temporary respite?” His rating is buy with a target price of $500.

Peer Benchmark’s Mark Palmer is somewhat more optimistic (target price $705). He believes MSCI has given the company a chance to catch its breath: “The company’s arguments against delisting seem to have had an effect. But here’s the catch——MSCI’s broader direction of cleaning up non-operating enterprises hasn’t changed, so this turbulence is far from over.”

To put it plainly, whether the company can stay in the index long-term remains a question mark. Short-term positive is positive, but long-term uncertainties still warrant a question mark. While the market is buying into it, risk assessment here needs to remain vigilant.