Kering SA is Morgan Stanley's top European luxury goods pick (PPRUF:OTCMKTS)

Morgan Stanley upgraded Kering SA (OTCPK:PPRUF) to an Overweight rating on Tuesday after being on the sideline for eight years with the European luxury stock. The firm thinks the Kering (OTCPK:PPRUF) story is starting to change, with several recent developments ...