They upgraded it to Buy on August 5th and today, they downgrade it to Sell?? Are you kidding me?
Normally, "upgrade" means,
: individual collecting shares while institutions selling them.
Therefore, "downgrade" means opposite.
IT IS NOT DOWNGRADED TO SELL!!! It has been downgraded from BUY to NEUTRAL by UBS
NO BIG DEAL
See for yourself at briefing.com
finally some good news. UBS is great at timing this stock. The upgraded before the stock collapsed and downgrade before the stock will recover.
the analysts , and the swiss in special are a bit slow, and a bit reactive.
now. good sign.
market does not seem to care...
downgrade at this point is absurd
exactly, they are about 6 months late. And will be six month late on the next upgrade when AIG will be trading at 10 plus in six months.