Priya Nigam - Spark Newswire

1 minute read

JPMorgan Upgrades Homebuilding Company Lennar For ‘Signficant and Ongoing Transformation’

Today, 2:59 PM

Lennar Corporation’s (NYSE: LEN) stock valuation is attractive relative to peers and does not reflect the company’s “significant and ongoing” transformation, according to JPMorgan.

LEN

1 minute read

BofA Downgrades Curiositystream After Share Rally

By Priya Nigam

Today, 2:59 PM

While Curiositystream Inc’s (NASDAQ: CURI) shares have rallied since mid-May, the company’s long-term prospects have not fundamentally changed, according to BofA Securities.

CURI

2 minute read

5 Reasons Why ResMed Gets Downgrade From BofA Securities

By Priya Nigam

Today, 2:59 PM

Although ResMed Inc’s (NYSE: RMD) long-term outlook is positive, the market seems to have over-reacted to rival Koninklijke Philips NV’s (NYSE: PHG) recall notification of certain sleep and respiratory care devices for the U.S., according to B

PHG

1 minute read

Why JPMorgan Is Bullish About Cleveland-Cliffs, Even If Steel Prices Fall

By Priya Nigam

Today, 2:59 PM

With the acquisitions of AK Steel and ArcelorMittal USA in 2020, Cleveland-Cliffs Inc (NYSE: CLF) has emerged as the largest producer of steel in North America, according to JPMorgan.

CLF

1 minute read

Morgan Stanley Downgrades Fastenal Amid Record Valuation

By Priya Nigam

Today, 2:59 PM

While external factors limit the upside for Fastenal Company (NASDAQ: FAST), internal factors pose heightened risk over the next 12 months, according to Morgan Stanley.

FAST

1 minute read

Goldman Sachs Cuts Ferrari As It Increases Capex To Race Ahead

By Priya Nigam

Today, 2:59 PM

Ferrari NV (NYSE: RACE) will need to make higher capital expenditure earlier than expected for its transition to future technologies, according to Goldman Sachs.

RACE

1 minute read

Raymond James Upgrades Chipotle Mexican Grill After Menu Price Hike

By Priya Nigam

Today, 2:59 PM

Chipotle Mexican Grill, Inc’s (NYSE: CMG) recent menu price hikes are likely “to stick,” lending significant upside to the consensus expectations for the back half of the year, according to Raymond James.

CMG

1 minute read

BofA Upgrades Embraer On eVTOL Opportunity

By Priya Nigam

Today, 2:59 PM

Embraer SA (NYSE: ERJ) sees a revenue market of $200 billion for its eVTOL (electric vertical takeoff and landing) unit Eve, with 3 billion passengers and 50,000 aircrafts by 2035, according to BofA Securities.

ERJ

2 minute read

Why These 2 Dave & Buster’s Analysts Are Far Apart After Q1 Earnings

By Priya Nigam

Today, 2:59 PM

Dave & Buster's Entertainment Inc (NASDAQ: PLAY) reported first-quarter results Thursday that beat Street expectations and announced strong guidance for the second quarter.

PLAY

1 minute read

JPMorgan Upgrades UPS After Recent Sell-Off

By Priya Nigam

Today, 2:59 PM

United Parcel Service, Inc.’s (NYSE: UPS) 2021 Investor Day provided positive views on pricing power, capacity discipline and dividend yield, according to JPMorgan.

UPS