[ad_1] Shares of life insurance company Lincoln National are a buying opportunity that can jump more than 30% from Tuesday’s close, according to Goldman Sachs. Analyst Alex Scott upgraded shares of Lincoln National to buy from neutral, saying the company will be able to bounce back from an outsized charge …
Read More »
[ad_1] Berkshire Hathaway Vice Chairman Charlie Munger spoke highly of Elon Musk’s electric vehicle company Tesla, calling it an amazing feat in the American auto industry. “I was certainly surprised that Tesla did as well as it did,” Munger said in an interview with CNBC’s Becky Quick that aired on “Squawk Box” …
Read More »
[ad_1] A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is making a bid to standardize the way the financial industry talks about, tracks and …
Read More »
[ad_1] It’s time to buy Pure Storage as it will outperform its peers, according to Morgan Stanley. Analyst Meta Marshall upgraded shares of Pure Storage to overweight from equal weight, saying the data storage company has several competitive advantages to weather broader economic challenges. “PSTG is generally a consensus long, …
Read More »
[ad_1] Investors should sell biopharma stock Amgen ahead of its obesity drug update Nov. 7, according to Barclays. Analyst Carter Gould downgraded Amgen to underweight from equal weight, saying there are high expectations around its obesity drug AMG133 after the stock rallied 21.5% in October. Amgen holds an analyst call …
Read More »
[ad_1] Sock and underwear maker Hanesbrands could fall more than 30% as it faces several major business challenges, Wells Fargo said in a double downgrade of the stock. Analyst Ike Boruchow lowered his rating of Hanesbrands to underweight from overweight, slashing his price target to $5, saying the North Carolina …
Read More »
[ad_1] It’s time to sell Paramount as it struggles with both its cable and streaming businesses, according to Wells Fargo. Analyst Steven Cahall downgraded shares of Paramount to underweight from equal weight, saying that his view on cable and streaming TV has worsened in the past few weeks. Cahall previously …
Read More »
[ad_1] UBS sees little upside in Caterpillar after its strong earnings results last week. Analyst Steven Fisher downgraded shares of Caterpillar to neutral from buy, saying that the stock will struggle to outperform after its recent gains. The industrial stock is up more than 6% this year, easily surpassing the …
Read More »
[ad_1] Investors dumping tech stocks after their dismal earnings results this past week are going back to old economy names for the hottest stock picks. Disappointing quarterly reports from mega-cap tech stocks signified lower growth ahead from the once darling tech sector. Shares of Amazon tumbled nearly 15% last week …
Read More »
[ad_1] Analysts expect that this week’s biggest winners will cool off from here, with the notable exception of just two stocks: Centene and IQVIA. All three major averages are set for a positive week on Friday, in spite of a dismal earnings week from Big Tech that signaled a rotation …
Read More »