[ad_1] Elon Musk’s handling of Twitter is damaging sentiment around Tesla , according to Oppenheimer. Analyst Colin Rusch downgraded shares of Tesla to perform from outperform, saying he can no longer separate coverage of the electric vehicle maker from Musk ‘s controversial management of the social media platform. “While we …
Read More »Warner Music upgrade cites growing global music streaming market
[ad_1] Shares of Warner Music Group could jump more than 20% from current levels, according to Atlantic Equities. Media analyst Hamilton Faber upgraded WMG to overweight, saying a recent analysis of the global music streaming market showed strong growth ahead for Warner, one of the “big three” music companies along …
Read More »MoffettNathanson downgrades AT&T, says telecom stock is overvalued heading into 2023
[ad_1] There’s trouble ahead for AT & T as it competes with Verizon , according to MoffettNathanson. Analyst Craig Moffett downgraded AT & T to underperform from market perform, saying it’s time to sell the stock ahead of 2023 after its outperformance this year. Shares of AT & T are …
Read More »Aerojet Rocketdyne, Tesla, Mesa Air and others
[ad_1] Check out the companies making headlines before the bell: Aerojet Rocketdyne (AJRD) – Aerojet Rocketdyne agreed to be bought by rival defense contractor L3Harris Technologies (LHX) for $4.7 billion, or $58 per share in cash. Aerojet Rocketdyne rose 2% in the premarket, while L3Harris fell 1.7%. Tesla (TSLA) – …
Read More »Goldman Sachs names SolarEdge Technologies and First Solar top picks for 2023
[ad_1] The outlook is rosy for SolarEdge Technologies and First Solar , according to Goldman Sachs. Analyst Brian Lee named the two solar stocks among his top picks heading into 2023, saying they can add to this year’s gains. “While solar equities outperformed in 2022 vs. R2K, stocks are still …
Read More »Jim Cramer says he likes these 3 industrial stocks heading into 2023
[ad_1] CNBC’s Jim Cramer on Friday identified three industrial stocks that he believes are worth owning next year, saying he expects them to outperform the sector’s top performers in 2022. The best-performing industrial stocks in the S&P 500 so far this year have been Northrop Grumman, Lockheed Martin and Deere …
Read More »Lucid Group is too dangerous to own here
[ad_1] Brookfield Renewable Partners: “I’ve been skeptical of that one … but I am willing to reopen the books, and see if there isn’t something here we can’t find.” Crown Holdings: “[Formerly] Crown Cork, I love those guys. … The stock has come down. I think it’s a great industrial. …
Read More »Earnings, data should give clues on Fed moves
[ad_1] CNBC’s Jim Cramer on Friday looked ahead to next week’s earnings and economic data calendar, which will provide fresh insights on Wall Street’s primary worry: whether the Federal Reserve’s interest rate-hiking campaign will tip the U.S. into a recession. “We want the Fed to talk a big game, without …
Read More »Tyson Foods stock slips to lowest levels since November 2020
[ad_1] A package of Tyson Foods Inc. chicken is arranged for a photograph in Tiskilwa, Illinois. Daniel Acker | Bloomberg | Getty Images Tyson Foods hit a 52-week low on Friday in a third-straight down day, a sign that investors are losing confidence in the company amid growing margin pressure …
Read More »Meta, Maxar Technologies, Ford, Goldman Sachs and more
[ad_1] The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters Check out the companies making headlines in midday trading. Meta Platforms – Shares of Meta Platforms rose 3.5% after JPMorgan upgraded the social media company to buy and raised its price target, …
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