Business

Barclays downgrades Marriott, says stock valuation looks reasonable

[ad_1] A weakening macro environment could weigh on Marriott International in the months ahead, according to Barclays. Analyst Brandt Montour downgraded shares to equal weight from overweight, citing the lodging stock’s current trading price, which is now in line with Barclays’ target. “In 2022, we justified our OW based on …

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China’s reopening brings both risks and opportunities: ADB

[ad_1] China’s reopening could bring opportunities as well as risks to its economy, Albert Park, chief economist at the Asian Development Bank told CNBC.  Although the lifting of Covid restrictions in China would boost growth prospects for the country and other economies, it could also lead to an increase in …

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Who had it good — and who had it bad — in 2022

[ad_1] Police officers step into the vandalized gateway to Sri Lanka’s presidential palace in July. The country has been hit hard by an economic crisis. Abhishek Chinnappa | Getty Images News | Getty Images Curtis S. Chin, a former U.S. ambassador to the Asian Development Bank, is managing director of …

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I wouldn’t buy World Wrestling Entertainment at this level

[ad_1] Cleveland-Cliffs Inc: “I think the numbers may be too high in Cliffs. The numbers may be too low in Nucor.” Disclaimer: Cramer’s Charitable Trust owns shares of Danaher. Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth …

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Jim Cramer says he likes these 5 consumer staple stocks in 2023

[ad_1] CNBC’s Jim Cramer on Wednesday recommended a slate of consumer staple stocks for 2023. “I’m not entirely convinced that we’re headed for a recession next year, but we’re definitely looking [at] a meaningful slowdown, and that’s terrific for the consumer staples,” he said. The Fed raised interest rates by …

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