UBS Downgrades GlaxoSmithKline (GSK) to Sell

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UPDATE: UBS Downgrades GlaxoSmithKline (GSK:LN) (GSK) to Sell

November 11, 2022 5:27 AM EST

(Updated - November 11, 2022 7:55 AM EST)

UBS analyst Michael Leuchten downgraded GlaxoSmithKline (GSK:LN) (NYSE: GSK) from Neutral to Sell with a price target of GBP13.00 (from GBP18.20).

The analyst commented, "At face value GSK trades on c9x... More

European stocks edge lower; earnings season in full flow

November 10, 2022 5:23 AM EST

By Peter Nurse

Investing.com - European stock markets traded marginally lower Thursday, with turmoil in the crypto market dampening sentiment while investors continued to digest U.S. midterm elections as well as quarterly corporate results.

At 03:55 ET (08:55 GMT), the DAX index in Germany traded 0.1% lower, CAC 40 in France fell 0.4% and the FTSE 100 in the U.K. dropped 0.1%.

The U.S. political climate remained uncertain Thursday, two days after the midterm elections, with Republicans edging closer to securing a majority in the... More