Falling demand for computers and electronics has made a
Morgan Stanley
analyst more pessimistic on three PC-related stocks.
On Friday, Morgan Stanley analyst Erik Woodring reiterated his Underweight/Sell ratings for
HP
(ticker:
HP
Q),
Cricut
(
CRCT
), and
Logitech
(
LOGI
), citing a recent downbeat survey of consumers by the investment bank.
Source: https://www.barrons.com/articles/tech-stocks-sell-pc-demand-51667583918?siteid=yhoof2&yptr=yahoo