UBS slashes estimates on eCommerce names as recession risks rise

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

Stressed businessman feeling desperate on crisis stock market, investment concept.

Nattakorn Maneerat/iStock via Getty Images

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

Recommended For You

Comments (16)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.