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4 Retail Stocks Downgraded, But 3 Are Best Positioned: Why UBS Has A Bearish View

Analysts at UBS are bearish on several U.S. retail stocks. A predicted consumer spending slowdown will trickle down to the industry’s earnings for the remainder of the year, they said. Jay Sole downgraded five U.S. retail stocks and lowered 2023 calendar year estimates by 10%. The five stocks downgraded from a Neutral rating to Sell:

BBWI

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Why Are Pinterest Shares Are Trading Higher On Monday?

Advertisers told analysts at UBS that Pinterest Inc (NYSE: PINS) is taking bolder steps under its new CEO Bill Ready to move more rapidly towards a significant improvement in ad efficacy that could ultimately drive budget and further monetization partnerships, something that UBS took as a cat

PINS

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Why Are Pinterest Shares Are Trading Higher On Monday?

Advertisers told analysts at UBS that Pinterest Inc (NYSE: PINS) is taking bolder steps under its new CEO Bill Ready to move more rapidly towards a significant improvement in ad efficacy that could ultimately drive budget and further monetization partnerships, something that UBS took as a cat

PINS

Read More

Why Are Pinterest Shares Are Trading Higher On Monday?

Advertisers told analysts at UBS that Pinterest Inc (NYSE: PINS) is taking bolder steps under its new CEO Bill Ready to move more rapidly towards a significant improvement in ad efficacy that could ultimately drive budget and further monetization partnerships, something that UBS took as a cat

PINS