3M stock extends bounce after UBS recommends investors stop selling, saying sentiment is ‘washed out’

Shares of 3M Co. extended their bounce Friday, after a long-time bearish analyst said investors should stop selling, as the recent “derating” in price suggests all litigation liability has already bee...

DocuSign Stock Surges on Earnings Beat, Boost to Billings Forecast

Text size Courtesy DocuSign Shares of DocuSign were surging Friday after the e-signature company posted quarterly earnings and revenue that topped analysts’ estimates and raised its forecast for fisca...

AMD Is the Chip Stock to Buy Over Nvidia and Intel, Says Analyst. Here’s Why.

Text size AMD releases its next-generation Ryzen 7000 series chips on Sept. 27. Dreamstime Advanced Micro Devices is the best bet out of the three major U.S. computer chip companies, according to Stif...

UiPath Stock Sinks on Cut to Fiscal-Year Revenue Forecast

Text size UiPath, the robotic-process automation software company, cut its revenue outlook for the fiscal year. Courtesy UiPath UiPath stock was sinking Wednesday after the robotic-process automation ...

Buy Newmont stock for its deep value and ‘very attractive’ dividend, UBS says

Shares of Newmont Corp. were little changed Tuesday, despite selloffs in gold futures and the broader stock market, after UBS analyst Cleve Rueckert said it was time to buy, given “compelling” valuati...

Wall Street Analysts Rate Stocks With a Variety of Labels. Here’s How to Read Them.

Text size Wall Street analysts slap Buy, Strong Buy, Sell, Underperform, Neutral or other labels on stocks Michael Nagle/Bloomberg Ratings can be confusing. Analysts slap Buy, Strong Buy, Sell, Underp...

Who is the new Starbucks CEO? He has ‘deep’ knowledge of the consumer but lacks restaurant experience.

Investors didn’t appear to be too excited with Starbucks Corp.’s choice for its new chief executive officer, Laxam Narasimhan, but BTIG analyst Peter Saleh said they shouldn’t be surprised that he’s n...

Dow downgraded again, but high dividend yield keeps analyst from turning bearish

Shares of Dow Inc. inched lower Friday, putting them on track to suffer a sixth-straight loss, after another Wall Street analyst downgraded the chemicals and specialty materials company, citing concer...

Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears

BERLIN—Volkswagen AG largest shareholder, Porsche Automobil Holding SE said it would acquire 25% plus one additional share of the voting stock in Porsche AG when VW lists the sports-car brand, which c...

3M’s Next Problem For Investors Could Be The Dividend.

Text size 3M’s CEO says the dividend is a high priority for the company. Chona Kasinger/Bloomberg 3M investors have had to endure a lot lately, with a slowing economy, rising inflation, and toug...

Tesla Stock May Slip, but an Analyst Sees a Buying Opportunity

Text size Analysts have raised Tesla price targets since a stock split at the end of August. Patrick T. Fallon/AFP via Getty Images Piper Sandler analyst Alexander Potter sees “crosscurrents” that cou...

Nvidia Selloff Is an ‘Overreaction,’ Analyst Says. The Stock Is Still a Buy.

Text size An analyst said a selloff in shares of Nvidia on Thursday presents a ‘particular buying opportunity.’ (Photo by Justin Sullivan/Getty Images) Getty Images Shares of Nvidia fell n...

Silver is at a 2-year low, but it’s not gold that will determine what happens next, this analyst says

A tie can feel like a loss if you were in line for a victory. Conversely the draw can be celebrated if you were facing defeat. After a number of sessions when early gains evaporated, traders will be r...

Broadcom CEO defends optimistic ‘true demand’ outlook as PC, smartphone sales slide

Broadcom Inc.’s chief executive on Thursday defended his positive outlook that end-market demand is “solid” for the rest of the year as Wall Street analysts questioned that optimism amid a cooling of ...

Okta stock falls despite increased forecast, earnings beat

Okta Inc. shares fell in late trading Wednesday despite revealing an increase in the software company’s annual outlook and reporting a better quarter than Wall Street expected. Okta OKTA, +0.26%, whic...

Dow Inc., LyondellBasell and Westlake Get ‘Petrochemical Recession’ Downgrades

Text size Dow recently announced plans to cut its global polyethylene operating rates by 15%. Jeff Kowalsky/Bloomberg Dow Inc. is one of three chemicals stocks that KeyBanc downgraded, noting a “petro...

AMD’s Aggressive Chip Pricing Will Help It Beat Intel, Says Analyst

Text size A Ryzen 7000 Series desktop processor will start at $299. AMD Advanced Micro Devices will grab even more market share if Wedbush is on the money about the chip maker’s latest lineup of proce...

Nvidia Stock Sees Price Targets Lowered After Results

Text size Nvidia stock has declined by about 40% this year. Justin Sullivan/Getty Images Wall Street analysts aren’t ready to give up on Nvidia yet—even after the company has reduced its outlook versu...

Buy Qualcomm Stock, Analyst Says. It’s About More Than Just Smartphones.

Text size Qualcomm announced an expansion of its strategic partnership with Samsung last month. Pau Barrena / AFP via Getty Images KeyBanc believes Qualcomm’s initiatives to expand into other non-phon...

Nvidia’s Revenue Forecast Falls Short. The Stock Drops.

Text size Nvidia stock had declined more than 40% this year as of Tuesday’s close. Justin Sullivan/Getty Images Nvidia provided a revenue forecast for the October quarter that was below expectat...

Tesla Cash Hoard Could Hit Half-Trillion by 2030. What That Money Could Do.

Text size Could Tesla really have $500 billion on its books at the end of 2030? One analysts believes its possible. Patrick T. Fallon/AFP via Getty Images Tesla ’s cumulative free cash flow could amou...

These cannabis stocks could benefit from adult-use cannabis legalization in Germany

While it’s too early to predict winners and losers among U.S. and Canadian cannabis companies, some of these players are expected to see a boost in sales as Germany moves toward nationwide legalizatio...

Buy Tesla Stock Because It’s ‘Christmas in August’

Text size A Tesla, Inc. electric vehicle departs after charging at supercharger location in Hawthorne, California Patrick T. Fallon/AFP via Getty Images A Tesla bull is a little more bullish after the...

Verizon Faces Growing Price Pressures: Analyst

Text size Competitive concerns are weighing on Verizon stock, which was trading down 2.8% Thursday. Cindy Ord/Getty Images Shares of Verizon Communications were falling in Thursday trading after an an...

Verizon has ‘few palatable options,’ analyst says in downgrade

Verizon Communications Inc. is in a “particularly difficult position” given current wireless-industry trends, and that dynamic has one analyst taking a more downbeat view on the shares. MoffettNathans...

DraftKings Is a Buy Ahead of NFL Season, Analyst Says

Text size DraftKings lifted its forecast earlier this month. Angus Mordant/Bloomberg Sports betting app DraftKings is a stock that investors should own heading into pro football’s regular season, Roth...

This rule with a perfect record says the market hasn’t bottomed, says Bank of America’s star analyst

Rules are there to be broken. That may be a standard mantra for anarchists. But for traders such thinking may prove to be dangerously dismissive. Investors therefore may like to consider the latest no...

Nvidia’s Problems Aren’t Over. Expect Another Sales Warning Soon.

Text size Nvidia headquarters in Santa Clara, Calif. Justin Sullivan/Getty Images BofA Global Research warns Nvidia could cut its outlook when the chip maker reports next week. On Tuesday, analyst Viv...

4 Reasons Apple Stock Just Got Upgraded

Apple stock was upgraded at Credit Suisse. Photo by Chip Somodevilla/Getty Images Text size Apple stock has been on a tear of late, and that means it’s time for its shares to get upgraded. In a report...

Why BlackRock says the stock market’s big summer rally isn’t worth chasing

With U.S. stocks briefly sputtering to start the new week, strategists at the research arm of the world’s largest money manager are weighing in with words of caution. In a note released on Monday by t...

Rivian shares rise on second-quarter results: ‘The ball is finally rolling’ for the EV maker, says analyst

Shares of Rivian Automotive Inc. RIVN, -0.13% gained more than 3% in morning trading Friday, as analysts were generally upbeat about the electric vehicle maker’s second-quarter results. Late Thursday,...

6 Software Stocks to Buy and 4 to Sell, According to an Analyst

What’s next for enterprise software stocks? That depends which ones you pick. Guggenheim Partners analyst John DiFucci launched coverage of the group late Thursday, with some thoughts on where to plac...