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Maktubhelou

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- MaktubhelouMaktubhelou
  ·11-23
  Yep. My concern is a bunch of American investors who've never even seen Grab will be further spooked.
  BofA Double Downgrades Grab to Underperform After 70% Rally
  BofA downgraded Grab Holdings to Underperform from Buy with an unchanged price target of $4.90.The shares are up 70% since September 1, which fully prices in Grab’s improving fundamentals, the analyst tells investors in a research note.The firm believes the stock’s risk/reward is now skewed to the downside as it sees a slower pace of margin uptake ahead. It sees risks for Grab from increasing competition in mobility.Grab shares sank 9.3% in morning trading.
  BofA Double Downgrades Grab to Underperform After 70% Rally
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My concern is a bunch of American investors who've never even seen Grab will be further spooked.","listText":"Yep. My concern is a bunch of American investors who've never even seen Grab will be further spooked.","text":"Yep. My concern is a bunch of American investors who've never even seen Grab will be further spooked.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/373763826491520","repostId":"2485253619","repostType":2,"repost":{"id":"2485253619","kind":"highlight","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1732287900,"share":"https://ttm.financial/m/news/2485253619?lang=&edition=fundamental","pubTime":"2024-11-22 23:05","market":"us","language":"en","title":"BofA Double Downgrades Grab to Underperform After 70% Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2485253619","media":"Tiger Newspress","summary":"BofA downgraded Grab Holdings to Underperform from Buy with an unchanged price target of $4.90.The shares are up 70% since September 1, which fully prices in Grab’s improving fundamentals, the analyst tells investors in a research note.The firm believes the stock’s risk/reward is now skewed to the downside as it sees a slower pace of margin uptake ahead. 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It sees risks for Grab from increasing competition in mobility.</p><p>Grab shares sank 9.3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a73a408ba5bd19d9c6b51afeca5e5ee3\" tg-width=\"537\" tg-height=\"130\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"https://www.tipranks.com/news/the-fly/bofa-double-downgrades-grab-to-underperform-after-70-rally?utm_source=itigerup.com&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2485253619","content_text":"BofA downgraded Grab Holdings to Underperform from Buy with an unchanged price target of $4.90.The shares are up 70% since September 1, which fully prices in Grab’s improving fundamentals, the analyst tells investors in a research note.The firm believes the stock’s risk/reward is now skewed to the downside as it sees a slower pace of margin uptake ahead. 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