[ad_1] Inflationary challenges will bite into Cheesecake Factory ‘s stock next year, according to Goldman Sachs. Analyst Jared Garber downgraded Cheesecake Factory to sell from neutral. He also lowered his price target for the stock to $29, which reflects a downside of 12.2% over Friday’s close. The stock traded 3.1% …
Read More »5 things to know before the stock market opens Monday, December 12
[ad_1] The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. Joshua Roberts | Reuters Here are the most important news items that investors need to start …
Read More »Goldman Sachs upgrades Gap, says stock can rally nearly 30% despite challenges facing retailers
[ad_1] The upcoming year provides a rough backdrop for retail, according to Goldman Sachs. But Gap is a name the firm expects to do well. Analyst Brooke Roach upgraded the Banana Republic and Old Navy parent to buy from neutral. She also hiked her price target to $18 per share …
Read More »Alphabet is not making enough money
[ad_1] Morgan Stanley: “I want you to hold it. I think it’s terrific at $89.” SLB: “[Russia] pretty much made a deal between our Western allies and us that allows them to overproduce [oil], which is going to cause Schlumberger to roll down another maybe $5, $6 before we’re interested …
Read More »Jim Cramer says Costco is a buy, Lululemon is a wait-and-see
[ad_1] CNBC’s Jim Cramer on Friday advised investors how to approach the stocks of two retailers that reported earnings this week. “Two great retailers. Two sets of expectations. One too high, the other too low. That’s the tale of Lululemon and Costco. The former was overestimated, the latter was underestimated,” …
Read More »Don’t let the Fed’s meeting obscure investing opportunities
[ad_1] CNBC’s Jim Cramer on Friday advised investors to keep their eyes peeled for chances to improve their portfolios next week. “These big macro numbers and important Fed meetings are a drag – I know. They obscure the actual opportunities out there. I want you to keep your eyes open …
Read More »Costco on inflation keep us from overreacting to hotter producer prices
[ad_1] Wholesale prices in November may have been slightly hotter than expected, but next week’s look at consumer prices is the one that may solidify the Federal Reserve’s upcoming interest rate decision. Ultimately, we think the November consumer price index (CPI) holds more weight with the market and the Fed …
Read More »Activist Dan Loeb boosts stake in Bath & Body Works and seeks board shake-up, shares jump
[ad_1] Third Point’s Dan Loeb hiked his stake in Bath & Body Works to 6% as the activist investor said he might push for board changes to improve governance issues at the retailer, according to a new regulatory filing. Loeb said the company’s board has “made errors in structuring its …
Read More »Wells Fargo upgrades Netflix, says ad-supported video can drive stock in 2023
[ad_1] Netflix could have a strong 2023 thanks to its newly implemented ad-supported video tier, Wells Fargo said Friday. Analyst Steven Cahall upgraded the streaming giant to overweight from equal weight. He also hiked his price target on the stock to $400 per share from $300. The new target implies …
Read More »Cramer's lightning round: Carvana is not a buy
[ad_1] “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. [ad_2] Source link
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