Expectations for General Electric Co.’s second-quarter profit and sales have been reduced significantly in recent months, but there are still those on Wall Street who believe they haven’t come down Read more
Tag: Analyst
Palantir stock’s ‘strength will prove unsustainable,’ analyst says in downgrade
Palantir Technologies Inc. shares are up nearly 50% from their May lows, but one analyst worries that “this strength will prove unsustainable.” Monness, Crespi, Hardt & Co. analyst Brian White Read more
AT&T earnings were ‘actually good’ despite stock selloff, says analyst
AT&T Inc.’s shares fell sharply Thursday after the telecommunications giant cut its free-cash-flow forecast for the year, but one analyst said the latest report wasn’t all bad. In fact, LightShed Read more
Yeezy items are heading to Gap stores but it’s still unclear how Gap is maximizing on this buzzy partnership, analyst says
Two years after the partnership between Ye (formerly Kanye West) and Gap Inc. was announced, shoppers at the Gap location in Times Square on Thursday will be among the first Read more
PayPal is ‘one of the more recession-sensitive names’ in payments, analyst says in downgrade
PayPal Holdings Inc. may see some “short-term upside,” but its stock carries risk amid an uncertain economic backdrop, according to an analyst. Wolfe Research analyst Darrin Peller downgraded PayPal’s stock Read more
Why the analyst who called summer stock-market bounce sees more S&P 500 upside
Stifel’s Chief Equity Strategist Barry Bannister should be taking a victory lap right now. Since Bannister first unveiled his call for a “summer rally” — a call that landed shortly Read more
Manchin could limit Democrats’ budget bill to just drug-pricing reforms, analyst says
Key Democratic Sen. Joe Manchin is expressing alarm again about high prices, saying Congress shouldn’t back spending that would “add any more fuel to this inflation fire.” So what actually Read more
Twitter stock price target boosted more than 50% as skepticism has now ‘flipped’ toward Elon Musk, analyst says
Twitter Inc. has a new bullish backer on Wall Street, as Rosenblatt Securities said the social media’s company’s disclosures have “flipped” the narrative, and now makes Elon Musk look like Read more
Twitter and Elon Musk set for ‘Game of Thrones’ legal battle, says Wedbush analyst
Twitter Inc. and Elon Musk are set for a blockbuster courtroom battle over Musk’s attempt to terminate his $44 billion acquisition deal for the social media company, according to Wedbush Read more
Short-term investors might want to sit out the volatility. But here’s what longer-term investors should do, says ex-SAC analyst.
On jobs day, investors find themselves looking east, where the shocking assassination of former Japanese Prime Minister Shinzo “Abenomics” Abe has rocked that country. Japanese markets also fell on the Read more