The S&P/ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.19% on Wednesday.

Australian Dollar ($A) (AUDUSD): 71.68US cents
Dow Jones (DJI): up 0.20%
Oil (WTI): $US56.92 per barrel
Gold: $US1,340 per ounce

A2 Milk Company Ltd (ASX: A2M)

According to a note out of Morgan Stanley, its analysts have retained their underweight rating but increased the price target on this infant formula and dairy company’s shares to $10.50. While a2 Milk’s first half result came in ahead of the broker’s expectations on Wednesday, its analysts have pointed out that daigou sellers were a significant driver of this growth. But it doesn’t expect this to be sustainable and thus appears concerned by the quality of its earnings. The a2 Milk share price is currently trading notably higher at $14.21.