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The Downgrade Diaries: 3 Stocks Analysts Turned Against Last Week
FSLRFirst Solar(FSLR) Investor Place·2024-06-06 20:36

The downgraded stocks continue to trade near record highs despite the recent pressure from rising bond yields. Investors were digesting the U.S. Commerce Department's report last week, which indicated that the U.S. economy's first-quarter growth was slower than initially estimated. The revised figures showed an annualized growth rate of 1.3%, a drop from the advance estimates of 1.6%. Investment officers and financial experts interpret the economic signals as potential indicators that the Federal Reserve mi ...