Evercore ISI analysts suggest investors to cut back on machi...
Evercore ISI analysts suggest investors to cut back on machinery stocks after a period of outperformance, as they believe the stocks' valuations now require sales and EPS reacceleration into 2025 and growth in 2026. The firm views the lower quality outperformance year-to-date as a reason to pause and let sector earnings grow into machinery stocks.
Caterpillar, Ingersoll Rand Downgraded at Evercore ISI
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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