thanks in advance
2007-12-01 14:12:56 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
It means they dont think highly of the company's outlook... and thusly are withdrawing their stock rating...
2007-12-01 14:15:53 · answer #1 · answered by I Can Count To Potato 7 · 0⤊ 0⤋
A stock analyst who works for UBS has reduced/lowered his opinion of the stock of company x. On the scale "strong buy/buy/hold/sell/ strong sell" this analyst lowered the rating for Company x. If you believe that the guy is an independent analyst thinking for himself, acting on valid info, then it reflects an educated opinion that Company x is less strong than before.
2007-12-01 14:35:36 · answer #2 · answered by hottotrot1_usa 7 · 0⤊ 0⤋
UBS is an analysts as is most large banks and their opinion counts to some investors. The problem is you can usually find just as many that still like the stock. They like to keep us guessing. I wish they would keep their opinions to themselves, they only mess up good stocks most of the time and it makes me wonder if they are running them down so they can buy in cheaper later.
2007-12-01 14:29:39 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Each brokerage has a rating scale for a stock describing its opinion on whether or not to own the stock (example: strong buy, buy, hold, sell, strong sell) They differ from firm to firm but downgrade means to reduce the rating scale level, say from buy to hold
2007-12-01 14:17:07 · answer #4 · answered by hayharbr 7 · 1⤊ 0⤋
it means the stock has been declining for months as UBS and their clients have been selling the stock, and UBS is ready to go long again.
2007-12-01 14:23:46 · answer #5 · answered by No se 3 · 0⤊ 0⤋
some brokerage firm thought that particular stock was over valued based on its future earnings and current selling
price
BTW a monkey is as likely to be correct as any brokerage
upgrade or downgrade
2007-12-01 14:16:42 · answer #6 · answered by Anonymous · 1⤊ 0⤋