![]() ![]() for FY24 remain too high." Deutsche Bank reiterates Walmart as buy Deutsche Bank said shares of Walmart remain "compelling." "Bottom line: WMT' s algorithm is compelling and should translate to a consistent HSD/LDD EPS CAGR, in our view." Wells Fargo names CrowdStrike and Zscaler top picks Wells Fargo said in its software infrastructure outlook that it likes stocks with free cash flow. "We're downgrading CNK to U/W, as we revised our CY24 DBO lower by -10% and believe Street est. "We upgrade PARA to Equal Weight as we increase our probability of a 2024 M & A event that brings in a value-unlocking strategy/mgmt." Wells Fargo downgrades Cinemark to underweight from equal weight Wells Fargo downgraded the theater chain company and said earnings estimates are too high. "We upgrade CCO to Overweight on the back of inflecting growth and a clearer path towards streamlining into America + Airports." Wells Fargo upgrades Paramount to equal weight from underweight Wells Fargo said in its upgrade of the media company that M & A will bring a "value-unlocking" strategy. "We are upgrading Discover Financial to Buy from Neutral as we see several potential catalysts for the shares over the next year." Wells Fargo upgrades Clear Channel Outdoor Holdings to overweight from equal weight Wells Fargo said in its upgrade of the advertising company that it sees growth at a turning point. We move to a Neutral rating solely on the basis of valuation." Bank of America names AT & T a top idea Bank of America said AT & T is a "show me story that's showing up." "There was a time for skepticism when AT & T revamped its wireless go-to-market strategy, refocused the company on connectivity, divested non-core assets, cut the dividend, and restored subscriber growth." Citi upgrades Discover Financial to buy from neutral Citi said it sees numerous positive catalysts ahead for the stock in 2024. "We think the current share price adequately reflects these factors, as well as the next membership fee increase. After a tumultuous past few years we see value creation being unlocked through gradual but significant adoption of Leqembi in Alzheimer's." Morgan Stanley names Howmet Aerospace a top pick Morgan Stanley said the aerospace company has "pricing power." "Our top aerospace pick is OW- Howmet as it has both OE and aftermarket exposure, room for multiple expansion, an underlevered balance sheet poised for capital return, and strong pricing power." Northcoast downgrades Costco to neutral from buy Northcoast downgraded Costco, mainly citing valuation. "We are initiating coverage of Biogen with an Overweight rating. snacking through a pure-play portfolio in salty snacks the variety most preferred by consumers." Cantor initiates Biogen as buy Cantor said in its initiation of Biogen that it sees "value creation" through the Alzheimer's drug, Leqembi. restaurant stocks - McDonald's and Domino's at Buy, Starbucks and Shake Shack at Hold favor those that leverage scale and brand to drive sustainable cash generation." Mizuho initiates Utz as buy Mizuho said Utz is "poised for market share expansion." "We believe UTZ offers investors favorable exposure to the structural growth of U.S. ![]() ![]() Here are the biggest calls on Wall Street on Wednesday: HSBC initiates McDonald's and Domino's at buy HSBC said in its initiation of several fast-food chains that it likes stocks with "scale and brand to drive sustainable cash generation." "Initiate on four U.S. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |