Morgan Stanley downgrades Penn National and DraftKings after big runs for both stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

New for subscribers: Morgan Stanley downgrades Penn National and DraftKings after big runs for both stocks Check out CNBCPro today.

to equal weight from overweight after a strong run for both stocks, saying in a note that the hot streak has run its course.

"DKNG and PENN have both more than doubled since the start of the year. While we think a lot of the increased value is valid, we are concerned investors' expectations are too high and see 6 potential negative catalysts through" the end of the year, the note said.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock picks to buy, cheap firms with strong earnings: Morgan Stanley - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Missed the comeback? These stocks are due for a catch-up trade, according to Morgan StanleyMorgan Stanley screened for stocks that have historically had a strong link between relative performance and the outlook for forward earnings. Pro ☁️🌸 Blessed people, on this beautiful Wednesday evening, you are kindly welcomed to this PrimeWednesdayService of the Ministry of Repentance and Holiness. It's live on air 📢: IS COMING 🌊🌊🔥🔥SOON WILL COME THE DAY OF THE RAPTURE🌪🌪 Pro Suits are chilling their bags , nah thanks .. Pro Cocoa cola is HIGH fructose corn syrup! Avoid that garbage drink. Avoid at all costs!
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »