# Morgan Stanley analyst Melinda Baxter maintained a Buy rating on Aristocrat Leisure on April 24 and set a price target of A$59.80.

*business · news · 2026-04-27 · Markets Insider*

## Key points

- Morgan Stanley's Melinda Baxter set an A$59.80 price target for Aristocrat Leisure on April 24.
- Aristocrat Leisure's analyst consensus price target is A$67.88, projecting a 41.71% upside.
- Aristocrat Leisure's quarterly net profit increased to A$668 million despite a revenue decline.
- Recent insider activity shows increased buying by 10 corporate insiders in the last quarter.

**Companies:** Aristocrat Leisure, Guzman y Gomez Ltd., Harvey Norman Holdings Ltd, Wesfarmers Limited
**Countries:** Australia

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/aristocrat-leisure-arluf-receives-a-buy-from-morgan-stanley-1036065314)

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