<ul data-eligibleForWebStory="false"><li>Shares of Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) surged after Morgan Stanley initiated coverage with an 'overweight' rating.</li><li>PFC's share price rose by nearly 3%, while REC's share price increased by 2.58%.</li><li>Morgan Stanley's report projected PFC and REC to achieve a 12% compound annual growth rate in loans from fiscals 2025 to 2028, with an average return on investment of 17-19%.</li><li>The stocks were deemed attractive with a projected price-to-earnings ratio of 5-6 times for fiscal 2027, supporting sustainable loan growth and a dividend yield of 3.8-4.5%.</li></ul>

PFC, REC Share Prices Spike After Morgan Stanley Initiates Coverage

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