Big U.S. banks got a vote of confidence from the Federal Reserve on Thursday when all 23 banks subject to the Fed’s annual stress test passed with flying colors.
Digitization of distribution, in-game monetization and franchise management are three trends that have transformed the video game sector according to MoffettNathanson. The firm initiated coverage of the video game sector with call-outs on three leading stocks.
A report this week from the Wall Street Journal suggested media giant Comcast Corporation (NASDAQ: CMCSA) could be looking to make an aggressive move into the streaming space.
Now that the Reddit WallStreetBets trading volatility is once again dying down, one Wall Street analyst upgraded a popular retail investor stock Thursday and said the company’s fundamentals justify a higher share price.
Lear Corporation (NYSE: LEA) has a growing e-systems opportunity and could see content gains in its seating segment, according to Goldman Sachs.
The Lear Analyst: Mark Delaney upgraded the rating for Lear from Neutral to Buy, while raising its price target from $198 to $228.