Moodys downgrades JPM, BofA and Wells Fargo
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Westlake (NYSE:WLK) late Monday was downgraded to Equal Weight from a previous investment rating of Overweight by analysts at Wells Fargo Securities. They pointed to a weaker-than-expected start to the second quarter for the chemical maker.
Long-term US borrowing costs surged to their highest level since late 2023 on Monday, as a fresh downgrade of the country’s credit rating and new fiscal legislation pushed bond markets into retreat and revived investor concerns over the sustainability of American debt, the Financial Times reported.
Investing.com -- Wells Fargo downgraded Nike (NYSE:NKE) to Equal-weight from its previous Overweight rating saying the turnaround was taking longer than expected time while the sector faces dual ...
Wells Fargo previously had an equal-weight for ... the latest Regulus Therapeutics (RGLS) rating was a downgraded with a price target of $0.00 to $9.00. The current price Regulus Therapeutics ...
Wells Fargo lowered its estimates on United Parcel Service (NYSE:UPS) on Tuesday and downgraded the package delivery stock to an Equal Weight rating from Overweight. Analyst Christian Wetherbee ...