Morgan Stanley Analyst Says Buy Trustpilot After Short Attack

A Morgan Stanley analyst is urging clients to buy shares of Trustpilot Group Plc a day after the consumer-review company suffered a record share-price drop in the wake of a short-seller attack.

Mark Hyatt took on the coverage of Trustpilot on Friday, upgrading the recommendation to overweight from equal-weight. The stock rose as much as 12%, recouping some losses after erasing nearly one-third of its market value on Thursday.