JPMorgan downgrades industrial bellwether after recommending it for almost 15 years

The Charlotte-based industrial conglomerate's likely divestitures are near-term headwinds, leading the Wall Street investment bank to move to the sidelines.

Oct 11, 2024 - 02:00
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JPMorgan downgrades industrial bellwether after recommending it for almost 15 years
The Charlotte-based industrial conglomerate's likely divestitures are near-term headwinds, leading the Wall Street investment bank to move to the sidelines.