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DOJ Revives Criminal Probe of Banks Impacted by Archegos Fiasco, Bloomberg Reports
Boeing Stock Faces Risks Beyond the Strike. Shareholders Beware This Threat.
Morgan Stanley issued a rare downgrade on Nestle's rating, expressing concerns over its future growth prospects.
Morgan Stanley analyst Sarah Simon downgraded the rating of global renowned food and beverage company Nestle on Monday, citing concerns about its future growth prospects. Simon reduced Nestle's rating from 'Equal-weight' to 'Shareholding', citing potential challenges for the company to achieve growth in the coming years. This rare negative assessment has raised concerns among investors, leading to a 1.2% decline in Nestle's stock price in Zurich, reaching a new low since February 2019. Simon also significantly lowered Nestle's target price, which is currently the lowest among multiple analysts. In the so-called
Credit Suisse: Maintains akeso's "shareholding" rating, raises target price to HKD 78.
Morgan Stanley released a research report stating that it maintains an "overweight" rating on Akeso (09926) and raises the target price from HK$64 to HK$78. Based on the impressive data from Ivosy Harmoni-2 and the consistency in safety, the revenue model for the company has been adjusted to reflect overseas income contributions. The loss forecast for this year has been lowered by 30%, and the loss forecast for next year has dropped by 17%, while the profit forecast for 2026 has been raised by 13%.
Merrill Lynch Hires $2.2 Billion Team From Morgan Stanley -- Barrons.com
BGC Group to Launch Investment Bank-Backed FMX Futures Exchange
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