Apple, Robinhood, Boeing, Tesla, Home Depot

Apple, Robinhood, Boeing, Tesla, Home Depot

Here’s Thursday’s biggest call on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said recent disclosures indicate Apple’s app store revenue may have bottomed out. “Overall, October marked the 4th consecutive month of App Store net revenue declines, although we are closely monitoring the App Store’s performance in the month of November to … Read more

JPMorgan double-downgrades Qorvo, says chipmaker may lag rivals

JPMorgan double-downgrades Qorvo, says chipmaker may lag rivals

Semiconductor maker Qorvo could struggle against other names in the space, JPMorgan warned Thursday. Analyst Harlan Sur downgraded the stock to underweight from overweight. He also lowered his price target on Qorvo to $90 from $125. The new target implies an upside of only 6.5%. “We don’t disagree with the team and we think [Qorvo] … Read more

Bank of America double downgrades Twilio, cuts price target as demand worsens

Bank of America double downgrades Twilio, cuts price target as demand worsens

Twilio may be in trouble as signs point to less spending by customers, according to Bank of America. Analyst Michael J. Funk has double downgraded the company, which makes programmable tools that enable businesses to send and receive calls and text messages, to underperform from purchases. The analyst also lowered his price target on the … Read more

Despite ‘not entirely positive results’, Evercore ISI still believes that Airbnb is one of the best fundamental stories

Despite ‘not entirely positive results’, Evercore ISI still believes that Airbnb is one of the best fundamental stories

There are still more reasons to own Airbnb stock despite its latest quarterly numbers, according to Evercore ISI. Analyst Mark Mahaney reiterated the stock as an outperform with a price target of $150, implying upside of 37.7%. Airbnb fell 5% in premarket trading after the company reported “not entirely positive results,” though he said the … Read more

Buy Salesforce as cloud firm goes down ‘Microsoft road’, Macquarie says

Buy Salesforce as cloud firm goes down ‘Microsoft road’, Macquarie says

Salesforce could be a big winner going forward, according to Macquarie. The cloud software company was given a firm outperform rating and a $210 price target, representing a 28.8% upside, according to an analyst coverage transmission. Analyst Sarah Hindlian-Bowler said the company is less likely to be hit by global macro headwinds as it enters … Read more

Here are Tuesday’s biggest analyst calls: Apple, Amazon, Nike, Monster, AMD, Carvana, CVS and more

Here are Tuesday’s biggest analyst calls: Apple, Amazon, Nike, Monster, AMD, Carvana, CVS and more

Here are the biggest calls on Wall Street for Tuesday, November 1, 2022.

This footwear stock is a ‘rare, consistent mix manufacturer’ that could rise 20%, says Bank of America

This footwear stock is a ‘rare, consistent mix manufacturer’ that could rise 20%, says Bank of America

Deckers Outdoor has been on a tear recently, and Bank of America believes more upside is coming. Analyst Christopher Nardone reinstated coverage of Deckers Outdoor with a buy rating, saying the footwear company has a strong portfolio of brands led by Hoka and Ugg that will help the stock outperform. “We view DECK as a … Read more

Credit Suisse downgrades Charles Schwab and says there is limited upside from here

Credit Suisse downgrades Charles Schwab and says there is limited upside from here

Investors can expect limited upside in Charles Schwab looking ahead to 2025, according to Credit Suisse. Analyst Bill Katz downgraded Charles Schwab to neutral from outperform, saying the stock trades at a fair value after its outperformance this year. Charles Schwab shares are down just 5% this year, better than the nearly 19% decline in … Read more

JPMorgan upgrades Monster Beverage, says it’s attractive heading into 2023

JPMorgan upgrades Monster Beverage, says it’s attractive heading into 2023

JPMorgan thinks it’s time to buy shares in Monster Beverage. Analyst Andrea Teixeira upgraded shares of Monster Beverage to overweight from neutral ahead of the company’s third-quarter earnings this week. She said the outlook looks rosy for the energy drink maker as pressure on the supply chain eases. “We believe MNST is well positioned into … Read more

JPMorgan upgrades Carvana, says investors have better handle on risks

JPMorgan upgrades Carvana, says investors have better handle on risks

Carvana and its investors appear to be coming to grips with the company’s problems, according to JPMorgan. Analyst Rajat Gupta upgraded Carvana’s shares to neutral from underweight, saying investors have a better handle on the risks around the used car seller after the decline this year and that the company can better manage its liquidity. … Read more