Wednesday's market calls: Morgan Stanley downgraded, home goods stock to pop nearly 20%

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Investment Strategy Nachrichten

Stock Markets,Williams-Sonoma Inc,Morgan Stanley

A major U.S. bank and a home goods company were among the companies being talked about by analyst on Wednesday.

Goldman Sachs downgraded Morgan Stanley to neutral from buy. Meanwhile, Jefferies upgraded Williams-Sonoma to buy from hold. Check out the latest calls and chatter below. All times ET. 6:12 a.m.: Bank of America downgrades Novartis Bank of America is moving to the sidelines on Novartis as less catalysts for growth are apparent going forward.

The analyst also pointed to a potential tailwind from a housing market recovery in 2025. "These 'gems' in WSM's portfolio are showing outsized growth irrespective of subdued housing turnover, and we're optimistic on their medium-term trajectory," Matuszewski said. He added that about 75% of homeowners have a mortgage rate of less than 5%, "so we don't anticipate a sharp turnover uptick, but remember, buyers of new construction spend ~5.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Morgan Stanley refreshed its 20 top picks list of US stocksMorgan Stanley refreshed its 20 top picks list of US stocks - giving one 77% upside
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »