Morgan Stanley Cuts Redeia Outlook With Double Downgrade as Debt Costs Weigh
Morgan Stanley lowered its outlook on Redeia, one of the most defensive stocks in the Ibex, applying a double downgrade as the company faces higher debt interest pressures.
Morgan Stanley lowered its outlook on Redeia, one of the most defensive stocks in the Ibex, applying a double downgrade as the company faces higher debt interest pressures.
Redeia’s stock price dropped 8% from its year‑high levels recorded at the end of July.