Tag Archives: Pro: Short-term

[ad_1] Investors are carefully watching the retail sector going into 2023 for signs of a slowing economy and consumer weakness. Still, there are some stocks that are poised to gain even in an uncertain environment, according to Goldman Sachs. Overall, the firm expects real consumer spending to grow by 1.6% …

[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% …

[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 …

[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 …

[ad_1] The grocery business is ripe for investment, and Kroger is a good way to play it even if it isn’t able to complete its acquisition of Albertsons , according to Bernstein. Analyst Dean Rosenblum said he’s bullish on Kroger without the deal, seeing 25% potential upside for the stock …

[ad_1] Travel companies could be in trouble with a recessionary period could likely on the horizon, according to Wolfe Research. Analyst Deepak Mathivanan downgraded the online travel sector to market underweight from market weight, citing a potential demand decline as the economy contracts. That means a worse outlook for big …

[ad_1] After a tough year, Morgan Stanley sees even more downside for Airbnb . Analyst Brian Nowak downgraded the short-term home rental stock to underweight from equal weight. He also slashed his price target to $80 per share from $110. The new target implies downside of 14% from Tuesday’s closing …

[ad_1] Investors should load up on General Electric heading into 2023, according to Oppenheimer. Analyst Christopher Glynn upgraded the industrial giant to outperform from perform, saying several factors are boosting confidence in the stock next year, including a planned spinoff of its health care division and strong momentum for its …

[ad_1] It’s time to buy shares of United Airlines , which could soar more than 50% next year, according to Morgan Stanley. Analyst Ravi Shanker upgraded shares of United Airlines to overweight from equal weight, saying that 2023 could be a “goldilocks” year for the airline. “After three years of …

[ad_1] It’s time to sell Silvergate Capital following the FTX collapse, according to Morgan Stanley. Analyst Manan Gosalia downgraded shares to underweight from equal weight, saying there is more revenue pressure on the crypto bank than investors are pricing in. “The ongoing stress in the crypto ecosystem post the FTX …