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JP Morgan Downgrades Sinclair Broadcast Group to Underweight, Lowers Price Target to $16

JP Morgan analyst David Karnovsky downgrades Sinclair Broadcast Group (NASDAQ:SBGI) from Neutral to Underweight and lowers the price target from $25 to $16.

byBenzinga Newsdesk

December 8, 2022

1 minute read

JP Morgan analyst David Karnovsky downgrades Sinclair Broadcast Group (NASDAQ:SBGI) from Neutral to Underweight and lowers the price target from $25 to $16.

Analyst Ratings

Morgan Stanley Maintains Equal-Weight Rating for Union Pacific: Here’s What You Need To Know

By Benzinga Insights

Today, 2:03 AM

Morgan Stanley has decided to maintain its Equal-Weight rating of Union Pacific (NYSE:UNP) and lower its price target from $215.00 to $210.00. Shares of Union Pacific are trading down 1.84% over the last 24 hours, at $208.72 per share.

UNP

The GEO Group Q4 FFO $0.65 Up From $0.48 YoY

By Benzinga Newsdesk

Today, 2:03 AM

The GEO Group (NYSE:GEO) reported quarterly earnings of $0.65 per share. This is a 35.42 percent increase over earnings of $0.48 per share from the same period last year.

GEO

Cathie Wood Says Most Money Managers Are Short-Sighted, Recommends This Investment Horizon

By Shanthi Rexaline

Today, 2:03 AM

Investment guru and Ark Invest founder Cathie Wood-managed funds fared badly in 2021, including ARK Innovation ETF (ARCA: ARKK), following a very strong showing in the previous year amid the COV

ARKK