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Nvidia is likely to remain hamstrung in the wake of its chilly guidance cut two weeks ago, Bernstein says.
Snap’s lead IPO underwriter slashed its price target to $5, saying ‘headwinds and question marks remain’
Snap's lead initial public offering underwriter, Morgan Stanley, on Thursday slashed its price target from $7 to $5 with an underweight rating.
PepsiCo will likely see its struggles continue as a Jefferies survey revealed Americans are increasingly ditching sports drinks for water. Its key sports drink Gatorade has been a drag and as new competitors like BodyArmor enter the market, it's unlikely to get better.
Goldman Sachs and Morgan Stanley took Blue Apron public at $10 per share — now they say it’s worth $3
Blue Apron Holdings' first-quarter earnings isn't enough to clear up doubts about the profitability of its meal-kit delivery business. Morgan Stanley now says the company is worth no more than $3, more than a 70% drop since setting its IPO price in June.