Similar reports appear on the following sites:
http://www.lulegacy.com/2015/03/16/pacific-brands-limited-coverage-initiated-at-morgan-stanley-pbg/
and
http://www.wkrb13.com/markets/52669...earch-coverage-started-at-morgan-stanley-pbg/
But the wording is so similar they must be using the same source, which could be wrong, but let's hope it's not!