Pro: Short-term – ReportWire

Buy Microsoft as latest investment can help it end Google’s search dominance, D.A. Davidson says

[ad_1] Microsoft ‘s investment in OpenAI should offer “significant underappreciated upside” for the big technology stock in the months ahead, according to D.A. Davidson. The firm...

Banking2 years ago

Wolfe Research downgrades Goldman Sachs, sees greater upside in other banks such as Wells Fargo

[ad_1] There’s “less compelling” upside for Goldman Sachs in 2023, according to Wolfe Research. Analyst Steven Chubak downgraded shares to peer perform from outperform, saying other...

Banking2 years ago

Barclays downgrades Ally Financial, says the bank is more vulnerable in 2023

[ad_1] The outlook for Ally Financial is more uncertain in 2023, according to Barclays. Analyst Jason Goldberg downgraded shares of Ally to equal weight from overweight,...

Real Estate2 years ago

Credit Suisse downgrades Home Depot, cites slowing housing market as near-term risk

[ad_1] It’s time to move to the sidelines on Home Depot , according to Credit Suisse. Analyst Karen Short assumed coverage of Home Depot with a...

Business2 years ago

Oppenheimer downgrades Tesla, says Elon Musk’s handling of Twitter could hurt electric vehicle maker

[ad_1] Elon Musk’s handling of Twitter is damaging sentiment around Tesla , according to Oppenheimer. Analyst Colin Rusch downgraded shares of Tesla to perform from outperform,...

Business2 years ago

Here are Friday’s biggest analyst calls: Apple, Amazon, Meta, Nvidia, Carvana, Delta, Walmart & more

[ad_1] Here are Wall Street’s biggest calls on Friday: Wedbush reiterates Carvana as underperform Wedbush said in a note that bankruptcy is a possibility for Carvana....

Business2 years ago

Morgan Stanley upgrades Verizon, cites favorable risk-reward outlook after stock’s underperformance

[ad_1] The risk-reward outlook for Verizon ‘s stock looks favorable after underperforming its telecom peers this year, according to Morgan Stanley. Analyst Simon Flannery upgraded the...

Real Estate2 years ago

This real estate name could gain 19% as demand grows for single-family home rentals, Goldman Sachs says

[ad_1] Real-estate investment trust American Homes 4 Rent is well-positioned as single-family home rentals become more in demand, according to Goldman Sachs. Analyst Chandni Luthra upgraded...

Banking2 years ago

Morgan Stanley double upgrades JPMorgan Chase, sees positive operating leverage for the bank in 2023

[ad_1] Investors should buy shares of JPMorgan Chase for 2023, according to Morgan Stanley. Analyst Betsy Graseck double upgraded the bank’s stock to overweight from underweight,...

Business2 years ago

GoodRx is a buy that can surge 60% from here, Citi says

[ad_1] The sell-off in telemedicine name GoodRx is overdone, and now is a good time to buy the stock, according to Citi. Analyst Daniel Grosslight initiated...

Banking2 years ago

Sell Ally Financial as shares could fall nearly 30% from here, Morgan Stanley says in downgrade

[ad_1] It’s time for investors to bail on Ally Financial , according to Morgan Stanley. Analyst Betsy Graseck downgraded the stock to underweight from equal weight,...

Business2 years ago

Cowen upgrades Walgreens, says stock can rally more than 30% as company grows health care business

[ad_1] Shares of Walgreens Boots Alliance offer an attractive risk-reward to investors as the company transforms into a health care services-focused business, according to Cowen. Analyst...

Banking2 years ago

Bank stock Comerica can jump more than 20% from current levels, Raymond James says in upgrade

[ad_1] It may be time to buy Comerica after its recent stock underperformance, according to Raymond James. Analyst Michael Rose upgraded shares to outperform from market...

Business2 years ago

Morgan Stanley downgrades Rent the Runway, cites ‘volatile’ business growth

[ad_1] Rent the Runway is a “show-me story” for now, according to Morgan Stanley. Analyst Lauren Schenk downgraded shares to equal weight from overweight, and slashed...

Business2 years ago

BITG says WeWork shares could nearly triple, citing ‘opportunity in uncertainty’

[ad_1] It’s time to snap up shares of WeWork, according to analysts at BTIG. The firm on Thursday initiated coverage of the workspace real estate company...

Business2 years ago

Wells Fargo upgrades Ross Stores, calls stock one of the ‘best ways’ to play off-price retail

[ad_1] Ross Stores is one of the best ways investors can get in on the off-price retail trade, Wells Fargo said. Analyst Ike Boruchow upgraded the...

Business2 years ago

Sell Coinbase as rising competition and macro pressures will hurt the stock, Wells Fargo says

[ad_1] A challenging economic environment will pressure shares of Coinbase going forward, making now a good time to sell, according to Wells Fargo. The firm on...