Text size U.S. car sales have tumbled Dreamstime Inflation is raging and the Fed is tightening monetary policy, creating a cycle that might push the U.S. economy into a recession. That isn’t great new...
Tag: analysts' comments
Cisco Stock Slumps. It Faces Competition From Arista and Juniper, Analyst Says
Text size Cisco Systems logo Gabriel Bouys/AFP via Getty Images Shares of Cisco Systems were falling Tuesday after the networking hardware and software giant was downgraded to a Sell by Citi. Analyst ...
Why Schlumberger and Other Oil Services Firms Are Early in Their Comeback Story
Text size Schlumberger well service trucks. A Piper Sandler analyst thinks Schlumberger stock could rise 29%. Dreamstime Companies producing and selling oil have been the most prominent beneficiaries ...
Nvidia Stock Is Downgraded. China and Russia Are Headwinds.
Text size Dreamstime Nvidia shares were falling on Monday after the stock was downgraded by a Baird analyst, who cited concerns over slowing consumer demand exacerbated by the Russian embargo. Nvidia ...
FinTech Looks Like a $1.5 Trillion Growth Market
Illustration by Elias Stein Text size Wells Fargo ’s Jeff Cantwell says the time to buy fintech stocks is now—14 of them. Cantwell has started coverage of the group with Overweight ratings for all. Th...
Why P&G Just Gained a New Fan
Text size P&G’s products were popular earlier in the Covid-19 pandemic. Joe Raedle/Getty Images Investors have been wary of consumer staples stocks lately, given worries about high inflation...
Nvidia, AMD, Intel Price Targets Are Cut. This Analyst Sees Chip Demand Slowing.
Text size Dreamstime Semiconductor stocks have soared over the last few quarters, driven higher by robust demand for chips amid a global supply shortage. But the tide may be turning for semiconductor ...
SunPower Stock Is Upgraded. It Has an ‘Unobstructed Path’ to Growth.
Text size PV Salvador solar plant near El Salvador, in the Atacama Desert, northern Chile. The photovoltaic plant, built by SunPower, a California-based branch of Total, with a maximum output of 70 Me...
Tellurian Stock Is Upgraded Amid Rising Demand for Liquefied Natural Gas
Text size A natural gas processing plant. Dreamstime Shares of Tellurian were surging Friday after the stock was upgraded by Credit Suisse analysts, who cited optimism over the natural-gas producer’s ...
AMD Stock Is Still a Buy, Just Not a ‘Conviction’ Buy. What That Means.
Text size AMD was removed from Goldman’s conviction list. Courtesy AMD Advanced Micro Devices was removed from Goldman’s Conviction List while other semiconductor companies like Microchip Techno...
Deere Stock Catches an Upgrade, but This Analyst Likes a Rival Better
Text size John Deere tractors. Justin Sullivan/Getty Images J.P. Morgan raised its rating on Deere stock to Hold from Sell, but it isn’t that the analyst had a change of heart. A different person is t...
Signs Start to Emerge That High Energy Prices Are Sapping Demand
Text size Vehicles heading east out of Los Angeles. Vehicle miles traveled in California are starting to flatten out as gasoline prices remain high. Frederic J. Brown/AFP via Getty Images Oil prices h...
Rivian Stock Gets a Target Price Cut. Wall Street Is Trying to Catch Up.
Text size Most analysts still rate Rivian shares Buy, despite the stock’s recent decline. Courtesy Rivian Analysts are adjusting their price targets for Rivian Automotive stock to reflect its ex...
T-Mobile Stock Gets an Upgrade. It Has an Edge Over Verizon and AT&T.
Text size T-Mobile’s stock was upgraded to Overweight. David Paul Morris/Bloomberg T-Mobile US shares were ticking up on Wednesday after KeyBanc Capital Markets upgraded the wireless company’s s...
BlackBerry Valuation Makes It More Attractive. The Stock Receives an Upgrade.
Text size A logo stands on display outside the BlackBerry headquarters. Chris Ratcliffe/Bloomberg Shares of BlackBerry received a boost on Monday after analysts at RBC Capital Markets upgraded the sto...
Why Altria’s Stock Could Be a Buy and Philip Morris Isn’t
Text size Analyst Bonnie Herzog raised her rating on Altria to Buy from Neutral and her price target to $57 from $48 Fabrice Coffrini/AFP via Getty Images Altria Group has been the standout in Big Tob...
Altria Stock Is a Buy and Philip Morris Isn’t, Says Goldman Sachs
Text size Analyst Bonnie Herzog raised her rating on Altria to Buy from Neutral and her price target to $57 from $48 Fabrice Coffrini/AFP via Getty Images Altria Group has been the standout in Big Tob...
Berkshire-Backed StoneCo Issues a Bullish Outlook. The Stock Is Soaring.
Text size Dreamstime Shares of Brazilian payment processor StoneCo were skyrocketing Friday after Citi upgraded the stock, citing an attractive valuation and the company’s strong outlook for the first...
AT&T ‘Looks More Like Verizon.’ What Wall Street Is Saying About the Stock.
Text size AT&T has spun off WarnerMedia. Andrew Harrer/Bloomberg Investors sent AT&T stock up nearly 8% on Monday after the spinoff of WarnerMedia. Wall Street analysts seem to be just as upbe...