Stanfordi analüütik Frederick Moran alustas täna Amazon.com'i (AMZN) katmist Sell reitinguga hinnasihiga $25. Kuigi antud hinnasihti võib pidada märkimisväärseks, siis Stanford tees just originaalsusega ei hiilga (link):
Moran expects revenue growth to “decelerate materially in 2009 as retail sales declines worsen as inventory and pricing competition builds during a deep global recession.” In his research note this morning, Moran reports that Stanford Group economist Lyle Gramley fears U.S. GDP could be down 5% in the fourth quarter. “Stifled lending, shrinking household wealth and a strapped consumer could cripple consumer spending including online commerce through 2009,” Moran writes.
Morgan Stanley (MS): Fitch revises Morgan Stanley's outlook to stable
Fitch Ratings affirmed Morgan Stanley's debt ratings and revised its Rating Outlook to Stable from Negative. Morgan Stanley has demonstrated its ability to manage through very difficult markets raising capital from government programs and from private investors. Further, Morgan Stanley has raised cash to support its operating entities. Balance sheet deleveraging is improving liquidity and capital ratios, although less liquid assets including noninvestment grade loans are not expected to decline materially until market liquidity improves. Profitability is expected to remain weak and highly variable with reductions in staff expected to return the company to moderate levels of profitability over the intermediate term. Capital is considered sufficient to absorb these pressures. Fitch also considers Morgan Stanley to be a survivor that would receive additional government support if needed.