My top 10 things to watch Tuesday, Nov. 26 1. The outgoing Biden administration proposed a rule that would expand access to obesity drugs for millions of Americans enrolled in Medicare and Medicaid. If implemented, that would be great news for Eli Lilly , a longtime Club name we bought more of on Monday. Shares of Lilly and chief rival Novo Nordisk were higher on the news. 2.
downgraded Goldman Sachs and Club name Morgan Stanley to hold ratings, arguing their recent big rallies has diminished the risk-reward outlook. Separately, a negative report in the WSJ raised concerns about Morgan Stanley's anti-money laundering controls. I am not so sure it is reflective of the current state of Morgan Stanley. 8. Citigroup upped its price target on Club name Coterra Energy to $32 a share from $28, betting that recent efficiency trends can continue.
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