Morgan Stanley Eyes Emerging Growth for Grail (GRAL) as Sector Valuations Reach Equilibrium

Grail Inc. (NASDAQ:GRAL) is one of the best emerging technology stocks to invest in. On December 1, Morgan Stanley assumed coverage of Grail with an Equal Weight rating and a price target of 110,whichwasupfrom110, which was up from 85. Heading into 2026, the firm is optimistic about the Life Science space, noting several emerging growth drivers. While the firm likes the industry’s long-term setup, it argued that a recent valuation spike has left stock prices at a reasonable equilibrium. In Q3 2025, Grail highlighted a 2 ...