Belimo jumps 8% as Morgan Stanley upgrades stock on FY25 data center boost
AI Summary
Belimo stock surged 8% following Morgan Stanley's upgrade due to anticipated growth in data center construction activities. The forecasted boost for fiscal year 2025 is linked to increased demand in the data infrastructure sector.
Markets Deals Real Estate AI & Tech Energy Belimo Morgan Stanley upgrade data center FY25 forecast stock surge tech infrastructure energy efficiency