Here are the biggest calls on Wall Street on Monday.
Here are the biggest calls on Wall Street on Monday: JPMorgan upgrades Eastman Chemical to overweight from neutral JPMorgan said it sees an earnings rebound for Eastman Chemical "We think there is room for Eastman's earnings to rebound in 2024. Eastman's normal average volume growth is about 2% per year." Barclays upgrades AbbVie to overweight from equal weight Barclays said in its upgrade of the drugmaker that the selloff is overdone for AbbVie.
" JPMorgan downgrades Olin to neutral from overweight JPMorgan downgraded the chemical company citing concerns about reduced product demand. " Olin is sharply reducing its chemical production in 4Q:23 in service of tightening the supply/demand balances in its markets in order to create a more constructive price environment." UBS upgrades East West Bancorp to buy from neutral UBS said shares of the bank are attractive.
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