Downgrades before the market open

Market news

28 September 2021

Downgrades before the market open

Morgan Stanley (MS) downgraded to Hold from Buy at Berenberg; target raised to $95

Wells Fargo (WFC) downgraded to Equal-Weight from Overweight at Morgan Stanley; target lowered to $46

NZD/USD: Scope for a slump to 0.6805 on a close below recent lows at 0.6981 - Credit Suisse

U.S.: Goods Trade Balance, $ bln., August -87.6

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