LG Display (LPL), trading as a penny stock since its NYSE listing, has seen a 7.8% decline in six months, prompting downgrades by Citigroup and JP Morgan.
Citigroup's downgrade of LG Display from Buy to Sell was due to ongoing operational losses and fierce competition as LG tries to expand market share with partners.
JPMorgan's downgrade of LG Display to Neutral was influenced by rising pricing pressures and a slowdown in demand from major technology clients.
CoStar Group's difficulties stem from integrating Homes.com, while TFI International's stock is currently weak due to short-term challenges, indicating potential for contrarian investment.
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