Charting Meta Platforms Stock As This Wall Street Analyst Drops Their Bullish Stance For the second time in the last last month, Bank Of America has thrown in the towel on mega-cap technology stocks. Benzinga · Oct 24, 2022
One Credit Suisse Analyst Says Bank's Capital, Liquidity 'Healthy,' Another Warns Of Impending Equity Raise: What You Need To Know Credit Suisse Group (NYSE: CS) is dominating headlines Monday morning amid rising concerns over the Swiss bank's financial health. Benzinga · Oct 3, 2022
Why These 2 Apple Analysts Are Moving In Opposite Directions Thursday Apple Inc (NASDAQ: AAPL) stock was re-rated by two analyst firms, making nearly mirror opposite adjustments to the Cupertino-based company. Benzinga · Sep 29, 2022
Will Lyft Stock Lag After Hiring Freeze? Why Analysts Say Uber Could Capture Market Lyft Inc.'s (NASDAQ: LYFT) U.S. hiring freeze has analysts anticipating what the impact could be on the e-hailing industry. Benzinga · Sep 28, 2022
3 No-Brainer Stocks to Buy if You Have Money to Spend Raging inflation and the Fed’s commitment to bring it under control with rate hikes are raising recession worries. However, according to BofA, the market could see a rally later this year. Given the macro uncertainties, we think investors should add fundamentally solid stocks Microsoft (MSFT), Merck & Co. (MRK), and… StockNews.com · Sep 21, 2022
What Does FedEx's Earnings Miss Mean For Amazon? 'Expect Some Share Gains' FedEx Corp (NYSE: FDX) shares fell last week after the company reported weak preliminary results. Benzinga · Sep 19, 2022
Lyft Slides On BofA's Bearish Take: The Good And Bad News From The Stock Chart Besides earnings and fundamental news affecting the broad market, Wall Street analyst actions can have a positive or negative impact on an issue's price action. Benzinga · Sep 6, 2022
The U.S. City With The Highest Rent Growth May Surprise You. Hint: NYC and LA Don't Crack The Top 5 After a minor slowdown in rent rise in June, the July National Index from Zumper indicated a return to significant price hikes. Benzinga · Aug 22, 2022
A Remedy For Wages Falling Behind Inflation? Join A Small Business Where Wages Are Hot Bank of America economists Anna Zhou and Taylor Browley released a note on Aug. 16 regarding the analyst firm's small business checkpoint. Benzinga · Aug 18, 2022
Weakness In Investment Banking To Mar BofA (BAC) Q2 Earnings The investment banking (IB) business, one of the major revenue sources of Bank of America (NYSE: BAC), is not expected to have performed impressively in second-quarter 2022. Thus, the same is not likely to support BAC's results, scheduled to be announced on Jul 18. Benzinga · Jul 14, 2022
BofA Upgrades This 1 Beverage Company to “Buy.” Is Now the Time to Get In? The shares of The Vita Coco Company (COCO) have garnered significant investor attention after the recent ratings upgrade from BofA over stabilizing freight costs. So, let’s evaluate if it is worth buying the stock now, given the rising competition in the beverages industry. Read on. StockNews.com · Jul 12, 2022
Why ZIM Integrated Shipping Shares Are Diving Today BofA analyst Muneeba Kayani downgraded ZIM Integrated Shipping Services Ltd (NYSE:ZIM) to Underperform from Buy and lowered the price target to $40 (a downside of 8%) from $79. The analyst revealed concerns over weaker U.S. demand. Kayani states that large U.S. retailers have signaled to weaken spending on goods and excess inventories, and this, along… Benzinga · Jul 1, 2022
Yes, a recession looks inevitable. But it may not be that bad. Here’s why WASHINGTON — Whether it’s President Joe Biden insisting a recession is avoidable or his critics arguing that the wolf is at the door, both sides are acting as though the nation faces an unprecedented catastrophe. Los Angeles Times · Jun 22, 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
Benzinga · Jun 17, 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 13, 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 1, 2022 BofA Picks Nvidia As Top Pick; Expresses Bullishness On Marvell, AMD, ON Semiconductor BofA analyst Vivek Arya believes chipmaker Nvidia Corp (NASDAQ: NVDA) could benefit from growth in several areas. Arya chose Nvidia as his top large-cap sector pick.
Bangkok Post · May 27, 2022 Russian export squeeze 'could push oil past $150' The price of the global benchmark Brent crude could rise past $150 a barrel if there is a sharp contraction in Russian oil exports, Bank of America (BofA) Global Research said on Friday.
Benzinga · May 25, 2022 Here's How Apple Defended Its App Store Policies Apple Inc (NASDAQ:AAPL), facing mounting criticism of its App Store policies, has defended the platform citing the small-business jobs and revenue it generates, Bloomberg reports. The App Store is under intense scrutiny from government officials in the U.S. and Europe, which also have been after Meta Platforms Inc (NASDAQ:FB) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL). Also Read: BofA Lists Reasons…
Benzinga · May 24, 2022 BofA Lists Reasons For Its Bullishness On Apple BofA analyst Wamsi Mohan noted that Apple Inc's (NASDAQ: AAPL) App Store revenue growth in fiscal Q3-to-date has grown to $2.6 billion, or up 7% year-over-year through April 30, according to SensorTower data.
Benzinga · May 18, 2022 BofA Downgrades Ginkgo Bioworks, Cuts Price Target In Half While Ginkgo Bioworks Holdings Inc’s (NYSE: DNA) overall first-quarter results were better than expected, revenues and active programs in its core Foundry segment fell short of estimates, according to BofA Securities.
Benzinga · May 17, 2022 Teva Pharmaceutical Shares Real-World Data Of ProAir Digihaler In Asthma Patients Teva Pharmaceutical Industries Ltd (NYSE:TEVA) announced new study findings based on newly established clinical thresholds on short-acting beta-agonist (SABA) use and real-world usage of ProAir Digihaler (albuterol sulfate) inhalation powder. ProAir Digihaler is a breath-actuated, digital SABA inhaler with built-in flow sensors that detect, record, and store objective data. 89% (319/359) of patients…
Benzinga · Apr 29, 2022 BofA Turns Bullish On Sprouts Farmers Market - Read Why BofA analyst Robert Ohmes has double upgraded Sprouts Farmers Market Inc (NASDAQ:SFM) to Buy from Underperform. Ohmes also raised the price target to $40 from $21 (33% upside). The analyst expects the compounding effect of food inflation to back Sprouts Farmers Market's price acceleration, resulting in substantial potential for EPS upside. Ohmes views SFM's current…
Benzinga · Apr 25, 2022 BofA's Key Takeaways From Coca-Cola Earnings Coca-Cola Co (NYSE: KO) reported its first-quarter organic growth higher than BofA and Street estimates, and this growth was led by higher volumes, according to BofA Securities.
Benzinga · Apr 18, 2022 Bank Of America Investors Give Thumbs-Up To Q1 Earnings: What The Chart Shows Despite the prospect of rising interest rates, the financial sector has been under extreme selling pressure since early January. It's been a mixed bag for first-quarter earnings for the big banks so far, with assorted beats and misses and inconsistent price action.