Barclays Adjusts Stock Strategy as Market Mood Turns Fragile
Key Points: Barclays sees fragility in the market's current risk appetite. The bank keeps a positive rating on U.S. Growth stocks. Value stocks received an upgrade to Neutral amid sector rotation. Momentum stocks were downgraded due to stretched valuations. Barclays analyst Venu Krishna issued a note on Wednesday warning investors that the stock market is showing cracks in its confidence. The bank believes the recent...