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BUZZ-Rocket Internet shares up after Morgan Stanley lifts target

** Rocket Internet (Xetra: RKET.DE - news) rises 5.1 percent to 45.88 euros after Morgan Stanley lifts price target to 59 euros from 55 euros ** Morgan Stanley (Xetra: 885836 - news) , joint coordinator of Rocket's IPO last year, says recent derating of shares suggests Rocket's prospects are "materially underestimated", particularly its HelloFresh and Lazada businesses ** Morgan Stanley expects a 1.5 billion euro ($1.6 billion) increase in the listed value of Rocket's portfolio, equal to 9 euros per share ** Morgan Stanley says it expects imminent appointment of CEO at Rocket's Global Fashion Group ** New Rocket start-up launches continue apace: beauty and wellness services marketplace Vaniday went live in Brazil on Sunday ** Helpling, an online marketplace for hiring home cleaners backed by Rocket, said last week it had raised an additional 43 million euros from a group of top-name European investors, including Rocket

($1 = 0.9216 euros) (Reporting by Emma Thomasson; Editing by Georgina Prodhan)