The Latest Breaking News from BofA Securities

World's Most Valuable Company: Apple and Microsoft Battle for Top Spot

Apple and Microsoft are running a tight race as they close in on $3 trillion in market capitalization.

Kiplinger · Jan 18, 2024

Foreign cash streaming back into China

SHANGHAI: Foreign investors are steadily marching into China in the wake of Alibaba’s plans to restructure, with money managers reckoning it is the latest sign the national leadership is turning friendlier to business as economic growth gains traction.

Bangkok Post · Apr 4, 2023

Big-Name Banks Test Out Climate for Chinese U.S. Listings with Atour Application

Key Takeaways: Atour could become the biggest U.S. IPO by a Chinese firm in more than a year with its latest listing application to raise more than $300 million

Benzinga · Oct 10, 2022

These 2 Restaurant Stocks Are Delicious. Avoid This One, BofA Says

Analysts at BofA Securities initiate coverage of Texas Roadhouse Inc. (NASDAQ: TXRH) and Darden Restaurants Inc.

Benzinga · Jun 27, 2022

Why This Analyst Feels It's Time To Short Embecta

Despite being a market leader in insulin pen needles and syringes, Embecta Corp (NASDAQ: EMBC) may face challenges ahead, since the markets are already mature and the company has not diversified, according to BofA Securities.

Benzinga · Jun 21, 2022

Why Palantir Technologies Stock Is Rising

Palantir Technologies Inc (NYSE: PLTR) shares are trading higher Tuesday following bullish analyst coverage from BofA Securities.

Benzinga · Jun 21, 2022

Why BofA Downgrades Homebuilders Owens Corning, Dream Finders Homes

New home demand has deteriorated over the past few weeks due to the spike in mortgage rates, a sharp decline in consumer confidence and the weaker economic growth outlook, according to BofA Securities. BofA On Owens Corning

Benzinga · Jun 17, 2022

As Spending Habits Shift, BofA Upgrades Tractor Supply But Downgrades Best Buy

U.S. consumers are shifting their spending habits by prioritizing essential items over discretionary items, according to BofA Securities. The trend has inspired the firm to downgrade the rating for Best Buy Co.

Benzinga · Jun 14, 2022

Is Government Intervention Required To Drive EV Adoption? What The US, EU And China Are Doing

By 2030, EV adoption in the US could range from 20% to 55% and government regulation may be the most significant change agent in this development, according to BofA Securities.

Benzinga · Jun 13, 2022

Why BofA Downgrades DocuSign Despite Healthy Q1 Print

Although Docusign Inc (NASDAQ: DOCU) reported healthy first-quarter results, its full-year billings guidance was disappointing, reflecting “choppy execution” according to BofA Securities.

Benzinga · Jun 10, 2022