Morgan Stanley Upgrades Shell to Overweight, Boosts PT

08:32 AM EDT, 09/04/2026 (MT Newswires) -- Morgan Stanley on Thursday upgraded oil and gas giant Shell (SHEL.L, SHELL.AS) to overweight from equal weight and increased the price target to 37.80 pounds sterling from 30.45 pounds. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)