Weekly Recap: Price target raised and SGX Singapore Depository Receipts trading

Morgan Stanley projects Grab Holdings Limited Class A (NASDAQ:GRAB) will deliver strong Q2 results—revenue up 22% and $166M adjusted EBITDA—prompting a $6.25 price target and buyback talk, even as shares are down ~12% MTD; SGX-listed SDBs now let local investors buy GRAB in SGD during local hours.

Previous Week Recap

• Grab Holdings Limited Class A Strong Q2 Outlook: Morgan Stanley expects Grab (GRAB) to report strong Q2: revenue +22% and adjusted EBITDA $166M. Price target raised to $6.25; analyst cites potential for more buybacks. Stock down ~12% month-to-date.
• GRAB Trading On SGX ADR: GRAB (GRAB) now trades on SGX via Singapore Depository Receipts, letting local traders buy U.S. shares in SGD during SGX hours, lowering currency conversion and minimum investment barriers.

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