[ad_1] Meta’s latest quarterly earnings results should give investors pause, according to Morgan Stanley. Analyst Brian Nowak downgraded shares of Meta to equal weight from overweight and roughly halved his price target on the social media stock, citing higher capital expenditures and lower free cash flow from the company. “We …
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[ad_1] Meta ‘s third-quarter results have Wall Street analysts split on the struggling tech stock. Shares of Meta plunged 23% in Thursday premarket trading after the social media company reported an earnings miss and issued a weaker-than-expected forecast for the fourth quarter. The tech stock is already down more than …
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[ad_1] Trivariate Research CEO and founder Adam Parker said some stocks are excessively cheap after this year’s market turbulence and poised for growth next year. Parker, who was previously the chief U.S. equity strategist at Morgan Stanley, wrote in a note that investors are navigating a six-month stretch of market …
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[ad_1] Kevin Simpson is navigating this inflationary environment by targeting companies that use free cash flow to raise dividends. The founder and chief investment officer at Capital Wealth Management manages the Amplify CWP Enhanced Dividend Income ETF (DIVO) , which has a five-star rating from Morningstar. The large cap dividend …
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[ad_1] There are better names off the bottom in semiconductor stocks than Analog Devices , according to Barclays. Analyst Blayne Curtis downgraded shares of Analog Devices to equal weight from overweight, and lowered the price target, saying the semiconductor stock has yet to price in a correction. “We expect Analog …
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[ad_1] AT & T ‘s prospects keep getting better, according to Raymond James. Analyst Frank G. Louthan upgraded shares of AT & T to strong buy from outperform, saying the telecommunications company’s return to its core business has improved the stock. “We believe this stronger rating is appropriate given AT …
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[ad_1] Investors should hold off on Meta as it heads into earnings this week, according to Bank of America. Analyst Justin Post downgraded shares of Meta to neutral from buy, saying there is likely greater ad spending pressure ahead that could hurt Meta’s Reels business. “[While] 4Q & 2023 expectations …
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[ad_1] Stocks are capping off a strong week Friday, despite some choppy trading, as rising yields failed to dampen market enthusiasm over stronger-than-expected corporate earnings results. The S & P 500 is 3.6% higher week-to-date, on pace for its best week since the one ending Sept. 9, with every sector …
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[ad_1] Investors should buy AT & T after its strong third-quarter results, according to Truist. Analyst Greg Miller upgraded AT & T to buy from hold — saying the bank and its predecessors had kept the hold rating for more than 15 years — because of an “increasingly visible outlook” …
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[ad_1] It’s time to buy emerging software stocks Vertex and Workiva , according to Goldman Sachs. Analyst Adam Hotchkiss initiated coverage of the two companies with buy ratings while identifying firms supporting “essential” processes that have the greatest upside from here. “We believe that growing complexities impacting back office functions …
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