#Latest news with #AndrewGreenebaumBloomberg02-06-2025BusinessBloombergAnalysts' Bullish Reviews Mask Weak Conviction in US Stock RallyAfter a furious May rally, Wall Street analysts now have more buy ratings on individual companies in the S&P 500 Index than at any time in more than two decades, according to a Jefferies LLC analysis. That's usually a sign of froth in a market poised for a pullback, but Jefferies' Andrew Greenebaum sees fewer reasons to worry once you look under the hood.
Bloomberg02-06-2025BusinessBloombergAnalysts' Bullish Reviews Mask Weak Conviction in US Stock RallyAfter a furious May rally, Wall Street analysts now have more buy ratings on individual companies in the S&P 500 Index than at any time in more than two decades, according to a Jefferies LLC analysis. That's usually a sign of froth in a market poised for a pullback, but Jefferies' Andrew Greenebaum sees fewer reasons to worry once you look under the hood.