Credit Suisse Downgraded Again as JPMorgan Doubts Strategy Shift
- JPMorgan’s Abouhossein cuts stock to underweight from neutral
- Analyst says bigger changes at investment bank were desirable
Photographer: Stefan Wermuth/Bloomberg
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Equity analysts are increasingly negative about the outlook for Credit Suisse Group AG, evidence that a much-touted strategy shift this month is failing to convince investors.