UBS slashes estimates on eCommerce names as recession risks rise

Jun. 28, 2022 3:42 PM ETAmazon.com, Inc. (AMZN), ETSY, REAL, SFIXEBAY, FTCH, WISH, MYTEBy: Kevin P. Curran, SA News Editor16 Comments

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In a lengthy research note outlining multiple market scenarios, UBS advised clients to temper overly bullish outlooks on numerous eCommerce stocks.

According to the bank’s research, risks of a recession have doubled from 13% to 26% in

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