J.P. Morgan says investors should overlook any near-term softness in the chip business and buy Taiwan Semiconductor Manufacturing Company shares for the company’s robust future prospects. On Tuesday, ...
Tag: analysts' comments
Twilio Stock Has Been Hammered. 3 Reasons It Could Fall Even More.
Twilio stock was falling Monday after a Jefferies analyst cited three reasons why he has lost confidence in the cloud-based software provider over the near-term. Analyst Samad Samana downgraded shares...
XPeng Stock Gets Another Downgrade. It’s Becoming More Controversial Than Tesla.
Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eigh...
Bear markets come in three stages; and we’ve only just started the second, says veteran analyst.
Stocks will start the Black Friday half-session near 10-week highs, having rebounded partly on hopes the Federal Reserve will be slowing the pace of interest rate rises as it waits to see how much pre...
Alibaba Gets a Price Target Cut After Strong Earnings
Text size Benchmark analyst Fawne Jiang maintained her Buy rating on Alibaba despite cutting her price target. AFP via Getty Images Alibaba Group Holding stock popped on Thursday, prompting an analyst...
Fed must keep raising rates until it is certain inflation has stopped climbing, Kashkari says
The Federal Reserve needs to keep raising interest rates until it is sure inflation has hit a ceiling, said Minneapolis Fed President Neel Kashkari on Thursday. The central bank can’t be overly persua...
Norwegian Cruise Stock Falls After a Rare Double Downgrade
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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...
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in...
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...
Rivian shows ‘improvement’ but Wall Street remains cautious on the stock
Wall Street cheered “signs of improvement” for Rivian Automotive Inc., but remained cautious about the stock on worries that the electric-vehicle maker still faces a steep production ramp. Rivian RIVN...
DraftKings stock suffers worst day on record as ‘patience remains thin’ with gambling company’s losses
Shares of DraftKings Inc. suffered their worst daily performance on record Friday, after the sports-betting company topped revenue expectations but appeared to spook investors with its discussion of c...
SoFi stock rockets as earnings deemed ‘outstanding’
Shares of SoFi Technologies Inc. were flying higher in premarket trading Tuesday after the financial-technology company posted results that were dubbed “outstanding” by one analyst. Though the company...
Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
Chevron Corp. and Exxon Mobil Corp.’s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies rallied toward fresh ...
XPeng Stock Plunges After Rare Double-Downgrade
Shares for Chinese electric vehicle maker XPeng have just been hammered in 2022—and they dropped even more Friday after a once-bullish analyst said to sell the stock. Citi analyst Jeff Chung doubled-d...
AT&T’s ‘far simpler story’ and ‘solid’ dividend earn stock an upgrade
Not long ago, Verizon Communications Inc. was winning praise for its simple story, while AT&T Inc. sparked concerns with its hodgepodge of wireless, satellite and media businesses. Nowadays, thing...
AT&T Stock Will Outpace Verizon, Raymond James Says, Upgrading the Stock
AT&T stock comes with its risks but the telecom company will outpace rival Verizon Communications over the next few months, according to Raymond James’s Frank Louthan. On Monday, the analyst lifte...
Nvidia’s Business ‘Very Close to the Bottom,’ Says Analyst
Text size Piper Sandler analyst Harsh Kumar notes chip maker Nvidia is making progress in working down its oversupply at retailers. Dreamstime Piper Sandler believes Nvidia stock is about to make a co...
Annoyed by ‘curt and almost dismissive’ Elon Musk, one Wall Street analyst sees cracks emerging in Tesla
While some on Wall Street appeared to take disappointing Tesla Inc. results in stride, one analyst was ringing alarm bells over Elon Musk’s “bold” predictions and his “almost dismissive” attitude towa...
CrowdStrike Stock Falls Hard as Outlook Disappoints
CrowdStrike Holdings shares were tumbling in after-hours trading Tuesday after the security software company gave an outlook for the current quarter that fell short of what Wall Street had expected. F...