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Nestle Gets Rare Sell Rating as Morgan Stanley Adds to Tide of Growing Skepticism

By Yahoo! Finance   |   Sep 16, 2024 at 07:16 AM EST
Nestle Gets Rare Sell Rating as Morgan Stanley Adds to Tide of Growing Skepticism

Morgan Stanley downgraded Nestle SA, causing its stock to drop. Analyst Sarah Simon cited concerns about the company's growth prospects and pricing. Nestle faces challenges in attracting customers and adjusting its strategy under new CEO Laurent Freixe.

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