Tod's still in negative territory. The judgments of Morgan Stanley and Ubs weigh

Tod's shares continue to move negatively on the stock exchange, losing 14.35% around 0,88 pm while the Ftse Mib index rises by 1,19 percent. However, the stock recovered from the low of the day at 81 euros triggered by the new downgrade by analysts. Morgan Stanley lowered its recommendation to equal weight from overweight this morning, leaving the target price unchanged at 94 euros. A judgment that adds up to the decision made a few days ago by UBS analysts to bring the buy recommendation to neutral. For the short-term experts, there is a lack of ideas to bring attention back to the stock and the view, Morgan Stanley points out, could turn positive only if the growth in margins in the first quarter proves to be sustainable.