[ad_1] It’s time to move to the sidelines on Starbucks , according to Deutsche Bank. Analyst Brian Mullan downgraded shares of Starbucks to hold from buy, saying gains for the stock will be harder to come by after a recent run-up. “[We] are not negative on SBUX; but rather we …
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[ad_1] United Airlines is the airline stock to own in 2023, according to Cowen. Analyst Helane Becker named the stock her top pick for next year, saying United Airlines is an industry leader with the greatest exposure to a recovery in international travel. The analyst’s $65 price target implies roughly …
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[ad_1] Shares of Aclaris Therapeutics can surge more than 60% on the back of a possible new treatment for immuno-inflammatory diseases, including rheumatoid arthritis, according to Goldman Sachs. Analyst Corinne Jenkins initiated coverage of Aclaris Therapeutics with a buy rating, saying she expects promising results out of clinical trials for …
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[ad_1] It’s time to take a step back from CrowdStrike Holdings after the cybersecurity company’s latest earnings report, according to Stifel. Analyst Brad R. Reback downgraded the cybersecurity stock to hold from buy, saying that the company’s latest quarterly results showed CrowdStrike was hurt by a challenging macro backdrop. The …
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[ad_1] It’s time to buy Blackstone as investors prepare for a pivot from the Federal Reserve, according to Morgan Stanley. Analyst Betsy Graseck named the private equity giant a top pick in financials, with an overweight rating, saying the stock is attractive entry point after its decline this year. Shares …
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[ad_1] Bernstein is maintaining its bearish stance on Tesla even though the electric vehicle company’s valuation looks more reasonable given the recent pullback. Analyst Toni Sacconaghi acknowledged that Tesla’s valuation looks attractive when compared to some high-growth tech stocks on certain metrics and trades at a lower multiple than Ferrari. …
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[ad_1] It’s time for investors to ditch shares of DraftKings , according to JPMorgan. Analyst Joseph Greff downgraded shares of the gaming stock to underweight from neutral, saying in a note to clients that the company’s peers offer a clearer path to online-sports-betting (OSM) profitability. “For DKNG, we see a …
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[ad_1] Shares of Walgreens Boots Alliance offer an attractive risk-reward to investors as the company transforms into a health-care services-focused business, according to Cowen. Analyst Charles Rhyee upgraded the stock to outperform from market perform, saying in a note to clients Tuesday that the market is largely focusing on Walgreens’ …
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[ad_1] A ‘lengthened’ path to profitability has Cowen concerned over the long-term trajectory for battered used vehicle stock Carvana . Analyst John Blackledge downgraded the company to market perform from outperform in a note to clients Monday. Carvana shares dipped slightly in the premarket. “CVNA has not met ’22 profit …
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[ad_1] A weak housing cycle will hurt home furnishing retailers Williams-Sonoma and RH , according to Barclays. Analyst Adrienne Yih downgraded both stocks to equal weight from overweight. She also slashed her price targets on Williams-Sonoma and RH. “We are downgrading both WSM and RH on a weakening housing cycle …
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