BLACK OR WHITE is the story of a grandfather (Academy AwardÂ® winner Kevin Costner) who is suddenly left to care for his beloved granddaughter.
Stock prices move in trends. When the trend is up, it's called bullish; when it is down, it's labeled bearish.. An uptrend is characterized by higher highs and higher lows; a down trend by lower highs and lower lows. A major market uptrend lasting three to four years is called a bull market, while a major down trend -- typically 12 to 24 months -- is called a bear market. Bullish and bearish can also refer to events, stock charts, opinions and people. Bullish and bearish can describe stock trends and other market aspects.
Analysts are weighing in tech stock Western Digital Corp (NASDAQ:WDC), real estate investment trust (REIT) Kimco Realty Corp (NYSE:KIM), and video game retailer GameStop Corp. (NYSE:GME). Here's a quick roundup of today's bearish brokerage notes on shares of WDC, KIM, and GME. Western Digital Stock Sees a Rare Downgrade. Western Digital is down 6.9% to trade at $86.33, after Morgan Stanley downgraded the stock to equal weight from overweight and slashed its price target to $90 from $117. The brokerage firm cited sinking NAND prices and uncertainty surrounding the storage device specialists joint venture with Toshiba for the bearish outlook. Today's negative price action marks a change of pace for WDC shares, which were up 36.5% year-to-date heading into today's trading -- with recent pullbacks quickly contained by the stock's 200-day moving average.