JP Morgan Downgrades Thoughtworks Holding to Neutral
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang has downgraded Thoughtworks Holding (NASDAQ:TWKS) from Overweight to Neutral.
August 06, 2024 | 11:42 am
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NEGATIVE IMPACT
JP Morgan analyst Tien-Tsin Huang has downgraded Thoughtworks Holding (NASDAQ:TWKS) from Overweight to Neutral.
The downgrade from Overweight to Neutral by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and could lead to a short-term decline in the stock price of Thoughtworks Holding.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100