Breaking News: Investing
Jefferies says buy RH as this year’s dip offers a ‘rare entry point’
Shares for Restoration Hardware have more than 40% upside from here, analysts say. Source
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Morgan Stanley says Robinhood could be Generation Z’s Schwab, but the stock is going nowhere for now
Analysts say the company has a firm grip over younger investors, but will need to expand its product offerings if it wants to retain its appeal. Source
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Buy Freshpet shares as demand for fresh pet food could surge, Goldman Sachs says
Analysts say growing interest in the fresh pet food category could drive customers to the brand in grocery stores. Source
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Buy these two cruise line operators as business returns to normal, Wells Fargo says
Analysts say cruise lines are “one of the few remaining recovery stories” in consumer stocks. Source
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JPMorgan downgrades Procter & Gamble as inflation pressures grow
Rising commodities prices and less favorable foreign exchange rates will add pressure to the stock, analysts say. Source
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PayPal is a buy after falling 35% this year, Goldman Sachs says
Analysts expect the payments company will return to earnings per share growth in excess of 20% following this year. Source
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Bill Ackman is done with activist short-selling, will focus on quieter, long-term approach
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Tuesday that he will no longer take part in vocal activist short selling campaigns, a practice he engaged in that led to one of the most colorful battles in Wall Street history. “Despite our limited participation in […]
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Rent the Runway could get a big bump from 2022 ‘wedding boom,’ Jefferies says
A rebound in social events like weddings would help the apparel retailer, which saw the pandemic dampen consumer demand for designer wear. Source
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Goldman Sachs is buying corporate retirement plan robo-advisor NextCapital
A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia. David Gray | Reuters Goldman Sachs has agreed to acquire NextCapital, a Chicago-based fintech firm that provides automated advice to corporate retirement plan participants. The bank said Tuesday in a release that the deal, the terms of which were not disclosed, […]
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Fortinet shares could gain 17% from here as cyber threats mount, Barclays says
Fortinet could strong gains from here, as cyber attacks continue to rise around the world, according to Barclays. Source
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