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Evercore, Moelis stock slump after UBS downgrades to Sell amid M&A slump

Sep. 23, 2022 11:55 AM ETMoelis & Company (MC) Stock, EVR StockBy: Liz Kiesche, SA News Editor

Risk and reward balance

ChristianChan

Evercore (NYSE:EVR) stock has dropped 6.2% and Moelis & Co. (NYSE:MC) stock has slid 6.9% in Friday midday trading after UBS analyst Brennan Hawken downgraded the investment bank advisory firms to Sell from Neutral

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