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4 hours ago

US Stocks: Oppenheimer makes rare cuts to top US investment banks, backs alternative asset managers

US Stocks: Oppenheimer makes rare cuts to top US investment banks, backs alternative asset managers

Brokerage Oppenheimer downgraded major U.S. investment banks including Goldman Sachs and Morgan Stanley in an unusual move on Tuesday, saying current valuations leave limited room for further gains despite a favorable operating environment.... Read more.

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