Morgan Stanley rebaja la calificación de las acciones energéticas europeas tras el acuerdo del estrecho de Ormuz

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Mars Finance news, June 19, - As oil prices decline and shipping through the Strait of Hormuz gradually returns to normal, Morgan Stanley strategists have downgraded their ratings on European energy sector stocks. Led by Marina Zavolok, the research team downgraded the sector from overweight to neutral, citing that after geopolitical tensions peak, the energy sector typically underperforms the broader market. The strategists removed six energy stocks from the European preferred stock pool, replacing them with three bank stocks, two utility stocks, and one copper company stock. Analysts stated that European stock markets have not yet fully priced in the positive effect of the Strait of Hormuz shipping resumption; investors may next focus on a potential peace agreement in Ukraine.
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