Macquarie analyst Paul Golding likes the long-term outlook for Square-parent Block Inc., but he worries that a potential “valuation squeeze” could put pressure on its shares in the short run. Read more
Tag: downgrade
GM stock gets a downgrade amid worries about a recession
Analysts at Deutsche Bank soured on General Motors Co., saying in a note Monday they have turned “much more cautious” about auto makers on growing worries about a recession in Read more
Redfin stock dives after downgrade by long-time bull, downbeat home-buying deals data
Shares of Redfin Corp. took a dive Monday, after Wedbush backed away from its long-time bullish stance, just as the online real estate services company revealed data showing that home Read more
PayPal stock slips after downgrade: ‘Hard to ignore e-commerce woes’
PayPal Holdings Inc. PYPL shares have a “supportive” valuation after a recent slide, but the company may still face challenges stemming from pressure on the e-commerce industry, according to an Read more
HP stock falls after downgrade as analyst warns of ‘more severe’ pressure on PCs
The prospect of “more severe” pressures on the personal-computer industry could keep HP Inc.’s stock in check, according to an analyst. Evercore ISI’s Amit Daryanani downgraded HP shares HPQ, -5.18% Read more
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