Reuters Market Eye - Exide Industries
Credit Suisse upgrades Exide to "outperform" from "neutral", citing a return in pricing power and a faster-than-expected correction in its replacement segment mix.
Meanwhile, Morgan Stanley upgrades Exide to "overweight" from "equal-weight", also citing a recovery in replacement demand, further noting that Exide is "well placed" to benefit given its dealer network and output capacity.
(Reporting by Abhishek Vishnoi)
