Latest News

The bottom of the bear market is still 10% away, Morgan Stanley Wealth Management says. And the odds of a recession have doubled, too

0

Barrons.com

Carnival Stock Could Fall to $0 in a Worst-Case Scenario, Analyst Says

Carnival stock was tumbling Wednesday after Morgan Stanley cut its price target to a Wall Street-low, saying it sees the case for a stock wipeout. Morgan Stanley analysts slashed their base case price target to $7, according to Bloomberg, and maintained an Underweight rating on the stock. In a worst, or “bear case” scenario, Carnival’s (ticker: CCL ) price could reach zero, they added.

Qualcomm Stock Rises As Apple’s 5G Modem Chip ‘Fails,’ Analyst Says

Previous article

‘This recession will be the most severe yet’: Peter Schiff called the 2008 financial crash and now says the next downturn will be worse. Here’s what he likes for safety

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News