# Morgan Stanley analyst Melinda Baxter maintained a Buy rating on Guzman y Gomez Ltd.

*business · news · 2026-04-08 · Markets Insider*

## Key points

- Morgan Stanley's Melinda Baxter set a price target of A$26.30 for Guzman y Gomez Ltd.
- Baxter has an average return of -8.4% and a 37.65% success rate on stock recommendations.
- UBS analyst Shaun Cousins also issued a Buy rating for Guzman y Gomez Ltd. today.
- Guzman y Gomez Ltd.'s quarterly revenue rose to A$261.2 million, up from A$212.42 million last year.
- Net profit for Guzman y Gomez Ltd. increased to A$10.58 million from A$7.3 million year-over-year.

**Companies:** Morgan Stanley, UBS, Guzman y Gomez Ltd., Harvey Norman Holdings Ltd, Tabcorp Holdings Limited
**Countries:** Australia

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/morgan-stanley-reaffirms-their-buy-rating-on-guzman-y-gomez-ltd-gyg-1036002055)

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