Morgan Stanley Downgrades NTL
Morgan Stanley (MWD) downgraded NTL Incorporated (NTLI) from buy to hold yesterday leading to a decline in the shares. Sitting out the market’s big turnaround lifted my frustration with the NTLI position. However, it is worth noting that the downgrade comes along with a $75 target, up 15% from current prices. I remain bullish as […]
