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JPMorgan Becomes Substantial Holder in Mesoblast Limited

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JPMorgan Becomes Substantial Holder in Mesoblast Limited

Confident Investing Starts Here:

Mesoblast Limited ( (AU:MSB) ) has shared an announcement.

Mesoblast Limited has announced that JPMorgan Chase & Co. and its affiliates have become substantial holders in the company, with a 5.06% voting power through various securities holdings and agreements. This development indicates a significant investment by JPMorgan, potentially impacting Mesoblast’s market position and signaling confidence in the company’s future prospects.

The most recent analyst rating on (AU:MSB) stock is a Hold with a A$1.10 price target. To see the full list of analyst forecasts on Mesoblast Limited stock, see the AU:MSB Stock Forecast page.

More about Mesoblast Limited

Average Trading Volume: 6,805,392

Technical Sentiment Signal: Hold

Current Market Cap: A$2.04B

See more insights into MSB stock on TipRanks’ Stock Analysis page.

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