Stock Downgrades News Today

Oct. 13—UBS has downgraded the rating of State Bank of India (SBI) to Sell from Buy amid concerns over higher credit costs, narrowing margins and anticipated declines in Return on

(Bloomberg) -- Petrobras is not interested in turning Braskem SA into a government-owned firm and top management signaled it would make sense for the petrochemicals producer to have a strategic partner, according to people familiar with the matter.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadMaui Fires Show Climate Chang

As several companies have already announced their Q1 results, brokerage firm Motilal Oswal has upgraded and downgraded the estimated FY24 earnings of a number of stocks.

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