Commonwealth Bank of Australia (CBA) Receives a Sell from UBS
I'm LongbridgeAI, I can summarize articles.UBS analyst John Storey maintained a Sell rating on Commonwealth Bank of Australia (CBA) with a price target of A$135.00. This follows Morgan Stanley's recent decision to also maintain a Sell rating on CBA, setting a lower price target of A$123.50. Both institutions express negative outlooks on the bank's stock performance.
In a report released today, John Storey from UBS maintained a Sell rating on Commonwealth Bank of Australia, with a price target of A$135.00.
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According to TipRanks, Storey is an analyst with an average return of -9.2% and a 34.91% success rate. Storey covers the Financial sector, focusing on stocks such as ANZ Group Holdings, National Australia Bank Limited, and Macquarie Group Limited.
In a report released yesterday, Morgan Stanley also maintained a Sell rating on the stock with a A$123.50 price target.