Even though mid-term election results and encouraging inflation news have pushed U.S. stocks to their highest levels since August, a prominent UBS analyst says a recession is due and the global econom...
Tag: Analyst
Activision Shares Severely Discounted Compared To Strong Growth Potential, Analyst Says
MKM Partners analyst Eric Handler upgraded Activision Blizzard, Inc (NASDAQ: ATVI) from Neutral to Buy with a $95 price target. Activision’s shares severely discounted the fundamental improvemen...
Bitcoin To Get Uglier In The Next Six Months, Claims Top Analyst
The crypto market appears to be slightly recovering as the major cryptocurrencies are flashing green. However, these large cap cryptocurrencies are still way behind their key levels. The first born cr...
Time to Release the Bulls, Says Analyst
Last week, Advanced Micro Devices (AMD) officially launched its 4th generation EPYC Genoa server processors and the early feedback from the market seems highly promising. Baird analyst Tristan Gerra h...
The world needs more economic alliances than security ones: Analyst
Countries should strike up more economic alliances than security and defense ones, as those could make the world “more dangerous,” the president of the Center for China and Globalization s...
Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure – Featured Bitcoin News
A Citi analyst has warned of a serious risk of broader contagion to the crypto ecosystem stemming from the collapse of crypto exchange FTX, noting that the contagion “can last for a significant amount...
Netflix wins ‘double upgrade’ from a Bank of America analyst
Shares of Netflix Inc (NASDAQ: NFLX) have nearly doubled already from their year-to-date low but a Bank of America analyst says there’s more where that came from. Netflix shares have upside to $370 Th...
One of Ethereum’s Top Rivals Showing Several Concerning Signs, According to Top Crypto Analyst
A popular crypto analyst claims that major Ethereum (ETH) rival Algorand (ALGO) is displaying a number of worrying signs. Citing research from crypto analytics firm Messari in a new YouTube video, the...
FTX hacker still draining exchange wallets? Analyst calls it on-chain spoofing
The FTX hacker that drained over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continues to drain assets from the exchange, four days afte...
Nvidia’s Datacenter And Gaming Strengths Keep Analyst Upbeat About The Stock
Wells Fargo analyst Aaron Rakers reiterated Overweight on Nvidia Corp (NASDAQ: NVDA) with a $250 price target. Given the recent strength in shares of NVDA, he recommends a wait-and-see stance on NVDA’...
Devon Energy’s Prospects Seem Bright On Strong Shareholder Return & Balance Sheet, Says Analyst
Raymond James analyst John Freeman reiterated a Strong Buy rating on the shares of Devon Energy Corp (NYSE: DVN) and raised the price target from $83 to $87. The analyst said Devon Energy was the bigg...
Cowen’s analyst reveals his top retail stock ahead of earnings
If he was allowed to buy one retail stock right now, Cowen’s Oliver Chen says he’d go for Target Corporation (NYSE: TGT). Target to report Q3 earnings this week Target is scheduled to report its Q3 re...
Ethereum (ETH) Likely ‘Heading Home’ to $600 Level, Says Crypto Analyst Benjamin Cowen
A popular crypto analyst says that leading smart contract platform Ethereum (ETH) is going back to its pre-bull run price level. In a new strategy session, Benjamin Cowen tells his 773,000 YouTube su...
AMD stock could get a boost from ‘acceleration in market share gains’: analyst
AMD may be in the position to gain market share in the competitive chip space. Baird analyst Tristan Gerra upgraded AMD stock to Outperform in a new note. Gerra sees the stock popping 35% to $100. The...
Crypto Markets Now Orbiting at Point of Maximum Opportunity for Bulls, Says Top Analyst
A closely followed analyst believes that the worst of the Bitcoin (BTC) and crypto bear market is already behind us, presenting long-term bulls with golden opportunities. The pseudonymous analyst know...
Popular Analyst Maps Bearish Targets for Polygon(MATIC), Dogecoin(DOGE) & Cronos(CRO)
The weekend appears to have slaughtered the crypto space, as most of the assets are bleeding heavily. The Bitcoin price made an attempt to reach lower support, while the altcoins appear to be under a ...
DraftKings Stock Likely to Suffer the Election Results: Analyst
American online sports betting company DraftKings recently reported to take a bruising hit. The news is concerning for DKNG stock investors as it potentially be deciding the further course of the comp...
Analyst Who Called May 2021 Bitcoin Crash Says BTC Can Absorb Most Horrendous News
The crypto strategist who accurately predicted Bitcoin’s collapse last year believes BTC can handle even the most unfavorable developments. Pseudonymous analyst Dave the Wave tells his 130,200 Twitter...
Crypto analyst sees Vitalik Buterin’s account abstraction idea is of importance – crypto.news
On Twitter, a crypto analyst named Ansgar Dietrichs mentioned how Vitalik had been encouraging account abstraction for ages. The cryptocurrency enthusiast thinks this should be a major focus right now...
Don’t Count on Bitcoin (BTC) Crashing to $10,000, Says Crypto Analyst Jason Pizzino – Here’s Why
A popular crypto strategist and trader says Bitcoin’s (BTC) price is unlikely to fall all the way down to $10,000. In a new strategy session, analyst Jason Pizzino tells his 279,000 YouTube subscriber...
FTX crisis likely to spark a domino effect, macro analyst explains
The repercussions of the cataclysmic FTX downfall are going to be broader than the crypto markets, as they will accelerate downward moves in stocks and commodity markets, according to Mike McGlone, se...
This Is Your Chance to Get Out of Crypto, Says Renowned Analyst
Several analysts warn that this might be the time to get out of crypto, even as the collapse of FTX sends shockwaves through the crypto markets. Television host and author Jim Cramer commented on the ...
Sell Intel Stock, Analyst Says. Market Share Losses Are the Concern.
An analyst at J.P. Morgan says sell Intel stock, citing concerns about the company’s loss of market share amid ongoing competition and softening PC demand. Following a period of restriction, J.P Morga...
AMC Entertainment’s Prospects Bright Despite Slow Film Releases, Says Analyst
Barrington Research analyst James C. Goss has reiterated the Market Perform rating on the shares of AMC Entertainment Holdings Inc (NYSE: AMC). AMC reported strong Q3 earnings, above Street estimates....
NIO Has Humongous Upside Despite Supply Chain Concerns, High Commodity Costs, Analyst Says
Mizuho analyst Vijay Rakesh maintained a Buy on NIO Inc (NYSE: NIO) and cut the price target to $34 from $40. The Tesla Inc (NASDAQ: TSLA) rival reported soft September quarter revenue and EPS and gui...
Bitcoin May Revisit $10,000 for Worse Reason Than FTX Downfall: Bloomberg’s Chief Analyst
Yuri Molchan Chief strategist of Bloomberg has named driver that may push BTC down to $10,000 Leading commodity strategist Mike McGlone of Bloomberg Intelligence has taken to Twitter to share a foreca...
Dow Has Best Day Since 2020 On Inflation Optimism—But One Analyst Warns It’s ‘Yet Another Triumph Of Hope Over Reality’
Topline Stocks skyrocketed Thursday after the latest inflation reading revealed the Federal Reserve’s battle to bring down prices is finally bearing fruit, though experts say it’s merely the first ste...
Bitfinex Market Analyst on Bitcoin: Crypto Sell-Off Results in Dow, S&P 500 and NASDAQ Fall
Today’s commentary on Bitcoin from Bitfinex Market Analysts: “As the digital token space is left reeling amid frenetic selling pressure, the unique premise of Bitcoin as a truly decentralized form of ...
Popular Crypto Analyst Breaks Down Bitcoin (BTC) and US Dollar Strength in the Wake of FTX Fiasco
A widely followed crypto analyst is looking at the wider crypto markets following this week’s FTX meltdown. Crypto analyst Justin Bennett tells his 111,400 Twitter followers that king crypto Bitcoin (...
Sunrun and Other Solar Stocks With Strong U.S. Presence Are a Buy, Analyst Says
An analyst from Deutsche Bank is bullish on Enphase Energy Sunrun and First Solar due to their strong domestic presence amid new U.S. legislation. Deutsche Bank analyst Corinne Blanchard initiated cov...