Goldman, Morgan Stanley ratings lowered due to lofty stock values

With stock prices of Goldman Sachs Group Inc. and Morgan Stanley both outperforming the S&P 500 handily on optimism in the banking sector, HSBC analyst Saul Martinez downgraded shares of both financial firms to neutral from buy. https://www.marketwatch.com/story/goldman-morgan-stanley-ratings-lowered-due-to-lofty-stock-values-2b20cee0?mod=mw_rss_topstories