CSL Ltd (CSL) gave the market a healthy nudge yesterday rallying almost $8 / 2.8% after it delivered a mixed but overall net positive result including a almost 17% increase in revenue which flowed down to a 45% increase in NPAT. The company performed well with China and expectedly its flu business booming. MM had been bearish CSL through 2020 we have now adopted a neutral to mildly bullish stance following the stock correction.
MM is neutral to bullish CSL at current levels
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