Howard Hughes Holdings Inc. 

Investment bank JPMorgan has downgraded its recommendation on small-cap real estate developer Howard Hughes from "overweight" to "neutral," as&nbsp;<a href="https://www.cnbc.com/2025/06/23/monday-wall-street-stocks-from-analyst-calls-like-nvidia.html">reported</a>&nbsp;by CNBC. The company is set to get an infusion of $900 million from billionaire hedge fund manager Bill Ackman, who intends to <a href="https://oninvest.com/article/milliarder-ekman-resil-postroit-sovremennuu-berkshire-po-primeru-kompanii-baffeta">turn</a> it into a "modern-day Berkshire Hathaway." JPMorgan analysts are skeptical that Ackman can deliver.