JP Morgan Downgrades Inter & Co to Neutral
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Yuri Fernandes has downgraded Inter & Co (NASDAQ:INTR) from Overweight to Neutral.
June 29, 2023 | 8:56 am
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Inter & Co has been downgraded from Overweight to Neutral by JP Morgan.
The downgrade from JP Morgan, a major financial institution, could potentially lead to a decrease in the stock price of Inter & Co in the short term. Investors often follow the recommendations of analysts, and a downgrade usually indicates a less optimistic outlook for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100