Oil Stock Momentum Shifting From E&Ps To Refiners: What Company Is BofA Securities’ Top Pick?
The U.S. refiners, rather than E&Ps, is where there is the “greatest potential for continued absolute outperformance,” according to BofA Securities.
How Tesla Stock Can Be Overvalued And Substantially Undervalued At The Same Time
Notwithstanding mushrooming competition and talk of market share erosion, Tesla, Inc. (NASDAQ: TSLA) is still the unparalleled leader in the electric vehicle race.
Read Barclays’ Take On Visa, Mastercard, PayPal Amid Present Macro Environment
Barclays analyst sess a modest deceleration in Q1 card-present spending and mixed global online volume growth (both on a 2019 CAGR basis).
Despite the slowdown, it believes that the card spending environment remains healthy, which should be a plus for networks/acquirers/processors.
Wells Fargo Bumps Up Crown Holdings Price Target By 15%
Wells Fargo analyst Gabe Hajde raised the price target on Crown Holdings, Inc. (NYSE:CCK) to $152 (an upside of 26.6%) from $132 while…
KeyBanc Cuts Carrier Global’s Price Target By 10%
KeyBanc analyst Jeffrey Hammond lowered the price target for Carrier Global Corp (NYSE:CARR) to $54 (an upside of 28.5%) from $60 to reflect…
More Analysts Re-Rate Netflix Ahead Of Q1 Earnings
Analysts re-rated Netflix Inc (NASDAQ: NFLX) ahead of its Q1 results.
Raymond James Cuts Copa’s Price Target By 4%
Raymond James analyst Savanthi Syth lowered the price target on Copa Holdings (NYSE:CPA) to $110 (an upside of 42%) from $115 while maintaining…
Here’s How RBC Capital Viewed Meta
RBC Capital analyst Brad Erickson reiterated Outperform on Meta Platforms Inc (NASDAQ:FB), but lowered the price target from $245 to $240 (11.3%…
Read Why Telsey Is Optimistic On This Apparel Company
Telsey Advisory analyst Dana Telsey noted Delta Apparel Inc’s (NYSE: DLA) guidance for 20% topline growth for second-quarter fiscal 2022 had exceeded her estimation of a 12% growth.
BofA On PayPal CFO Departure, Company’s New Strategy
Although there were execution issues at PayPal Holdings Inc (NASDAQ: PYPL), the departure of John Rainey as CFO was unexpected and shares declined by 2% in after-hours trading on Tuesday, according to BofA Securities.