This e-commerce play has 300% upside, according to Morgan Stanley
E-commerce growth is back, and Morgan Stanley has several stock picks for investors to cash in, including a less obvious name.
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E-commerce growth is back, and Morgan Stanley has several stock picks for investors to cash in, including a less obvious name.
Farfetch Ltd (NYSE:FTCH – Get Rating)’s share price was up 10.4% on Thursday . The stock traded as high as $5.10 and last traded at $5.00. Approximately 4,131,139 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 13,789,649 shares. The stock had previously closed at $4.53. Analysts Set […]
Farfetch (NYSE:FTCH – Get Rating) had its price objective cut by Citigroup from $6.00 to $4.00 in a research report sent to investors on Friday morning, The Fly reports. They currently have a sell rating on the stock. Several other research firms also recently commented on FTCH. Cowen reduced their price objective on Farfetch from […]
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Block Inc., up $3.21 to $77.36. The mobile payments services provider beat analysts' fourth-quarter revenue forecasts.
(Reuters) - Neiman Marcus Group said on Tuesday it would lay off about 5% of its workforce, or around 500 employees, as the luxury department store ch...