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And Citigroup downgraded shares of Principal Financial from buy to hold on valuation.
The second impact was on valuation.
But suppose this contrarian view on valuation is right.
Anyone focused on valuation missed that phenomenal performance.
Mr. Buffett later sold the stake based on valuation.
The centre built a substantial international reputation for environmental economics research, especially on valuation.
Our upgrade is primarily on valuation grounds, as Man still faces a number of headwinds.
We are downgrading on valuation as it has hit our £33 target price.
Despite the differences on valuation, there's no doubt about the outcome.
And more uncertainty could also refocus investor attention on valuation, another fundamental factor.
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