[ad_1] Netflix ‘s subscriber turnaround in the third quarter signaled to many that the streaming giant’s troubles are behind it. But some analysts warn the company isn’t out of the woods just yet and the stock is entering a defining period. The streaming giant on Tuesday reported subscriber growth of …
Read More »Recession or not, alcohol stocks have shown resilience in tough times
[ad_1] With the economic picture growing gloomier by the day, investors may be looking for sectors that have historically proven to be resilient during a recession. “Alcohol has the tendency to survive the times,” said Mark Neuman, chief investment officer and founder of Constrained Capital. His ESG Orphans exchange-traded fund, …
Read More »Cowen upgrades Delta as travel recovery continues, says shares can rally nearly 80%
[ad_1] Delta Air Lines ‘ shares are due for takeoff as the industry’s recovery continues its rebound from pandemic lows, Cowen says. Analyst Helane Becker upgraded shares of the airline to outperform from market perform, saying in a note to clients Friday that increased business and international travel as pandemic …
Read More »Biogen’s Alzheimer’s drug could be more competitive than peers, Stifel says in upgrade to buy
[ad_1] Biogen ‘s new Alzheimer’s treatment could lead to even stronger gains for the biotech company going forward, according to Stifel. Analyst Paul Matteis upgraded shares of the biotech company to buy from hold, saying that upcoming data for Alzheimer treatments from competitors Roche and Eli Lilly could show that …
Read More »Citi upgrades Comcast to buy, says investors should take another look at cable companies
[ad_1] It’s time to take another look at Comcast , according to Citi. Analyst Michael Rollins upgraded shares of Comcast to buy from neutral, saying that cable companies broadly have some advantages despite the challenges they face. “We believe the recent cable share price underperformance is likely getting ahead of …
Read More »This offshore drilling stock can surge nearly 70% to fill looming oil supply gap, Barclays says
[ad_1] It’s time to buy Transocean ahead of massive growth for the offshore drilling company, according to Barclays. Analyst J. David Anderson double upgraded shares of Transocean to overweight from underweight, saying that the stock will benefit from the revival of offshore drilling as an investable theme. “As the longest …
Read More »Airbnb is a buy, could become biggest Western travel company, Bernstein says
[ad_1] Airbnb is on track to become the biggest Western travel platform over the next five years, making this a good entry point for investors, according to Bernstein. Richard Clarke initiated Airbnb as outperform with a price target of $143, indicating an upside of about 30% from Tuesday’s close of …
Read More »Morgan Stanley upgrades Ford, says recent pullback offers an attractive entry point
[ad_1] Investors could benefit from buying Ford Motor shares going forward, according to Morgan Stanley. Analyst Adam Jonas, who is widely followed on Wall Street, upgraded the automaker to overweight from equal weight, reiterating his price target of $14 per share. That target implies upside of 13.2% from Tuesday’s close …
Read More »Paramount’s peak earnings growth is likely in the past, Wells Fargo says in downgrade
[ad_1] Wells Fargo is shifting its perspective on Paramount , believing the entertainment company may have surpassed its peak earnings growth. “The transition to streaming appears to be the right one, but earnings might need another structural reset lower, even after streaming loses abate,” wrote analyst Steven Cahall in a …
Read More »JPMorgan trims Disney’s price target, cites higher direct-to-consumer losses
[ad_1] Disney ‘s upside could be capped as the entertainment company faces higher potential losses in some segments. Analyst Philip Cusick trimmed his price target on the stock to $145 from $160 a share in a note to clients Tuesday, citing adjustments to operating income for the company’s parks and …
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