Banking, finance, and taxes
Brokerage Firms Again Downgrading Each Other (C, GD, GS, JEF, KBW, LEH, MS, NCC, SGR)
Published:
These are some of the top analyst downgrades or negative calls we are seeing this morning, and you’ll notice that brokerage firm stocks are again the targets of many downgrades:
- Citigroup (C) Cut To Underperform From Neutral at Merrill Lynch.
- General Dynamics (GD) Cut to Neutral at JPMorgan.
- Goldman Sachs (GS) Cut to Underperform from Buy at Merrill Lynch.
- Jefferies (JEF) Cut to Sell at B of A.
- Keefe Bruyette & Woods (KBW) Cut to Sell at B of A.
- Lehman (LEH) Cut to Underperform from Hold at Merrill Lynch.
- LSI Industries (LYTS) Cut to Underperform at Baird.
- McDermott (MDR) Cut to Hold at Citigroup.
- Morgan Stanley (MS) Cut to Neutral from Buy at Merrill Lynch.
- National City (NCC) Cut to Neutral from Buy at Ladenburg Thalmann.
- Shaw Group (SGR) Cut to Sell at Citigroup.
Obviously there are a few calls thrown in here that aren’t brokerage firms or investment banking firms, but the brokers are back to killing each other again for the third day this week.
Jon C. Ogg
August 14, 2008
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
