Pedestrians wearing protective masks walk past a Microsoft Technology Center in New York, on Wednesday, July 22, 2020.Morgan Stanley believes earnings hit the bottom in the second quarter and the current reporting season offers good buying opportunities for investors.earnings would be a large enough improvement to confirm the second quarter was the trough quarter for this cycle. The S&P 500 earnings declined by 30.6% in the previous quarter, according to Refinitiv.
The bank highlighted 15 names that its analysts have high conviction about going into earnings season. The firm's analysts believe that one or more imminent events will drive share price materially over the next 15 to 60 days.
Source: News Formal (newsformal.com)
Pro All these CORRUPT banks and research firms keep making RIDICULOUS price targets for 1000% overvalued garbage. BTIGresearch needs to be put out of business and all arrested for their NONSTOP scams. $DPZ at $400 when the stores don't even receive the online orders? Should be $4.
Pro we cant subscribe to every digital news site SMH
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