HSBC downgraded Wall Street banks Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) to Hold from Buy as the stocks' recent rallies have more than reflected their improved fundamental outlooks.
But Morgan Stanley isn’t the only major investment bank to have cut its oil price forecasts in recent weeks. Goldman Sachs has lowered its expected range for Brent oil prices some five dollars ...
The top bosses from Goldman Sachs Group Inc. and Morgan Stanley called for greater transparency from China and for eased movement of capital to restore the appetite of global investors. While ...
SINGAPORE, Nov 18 (Reuters) - Hong Kong stocks are cheap but may miss out on the benefits of China's economic support, analysts at Goldman Sachs said, while Morgan Stanley warned tensions and ...
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 ...