3 hours Goldman, Morgan Stanley ratings lowered due to lofty stock valuesMarketWatch

With stock prices of Goldman Sachs Group Inc. and Morgan Stanley both outperforming the S&P 500 handily on optimism in the banking sector, HSBC analyst Saul Martinez downgraded shares of both financial firms to neutral from buy.

Banking · Goldman Sachs (GS) · Morgan Stanley (MS) · S&P 500

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