Breaking News: Investing
Solar installations will triple by 2027 thanks to local weather bill, report predicts
Solar installers from Baker Electric put photo voltaic panels on the roof of a household home in Scripps Ranch, San Diego, California, October 14, 2016. Mike Blake | Reuters The U.S. photo voltaic market place will nearly triple more than the next 5 decades, just after President Joe Biden signed the premier climate invoice in […]
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These big bank stocks could rise 30% if economy avoids recession, Credit Suisse says
Big U.S. banks are on track to meet analysts’ third-quarter earnings expectations, thanks to good loan growth and rising interest rates, according to Credit Suisse . With a few weeks remaining in the quarter, analysts led by Susan Roth Katzke examined key data points for the group. Loan balances for the industry are heading for […]
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Barclays says buy Starbucks ahead of Investor Day after its new CEO hire
Buy Starbucks ahead of its Investor Day next week now that it’s appointed a new CEO , according to Barclays. “We view Starbucks as a premiere, large-cap, high-growth, global consumer company led by a dominant US retail & consumer product platform, significant int’l growth led by China & a best-in-class digital platform. And we are […]
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This EV charging station stock can surge 50% thanks to climate bill
ChargePoint can surge nearly 50% as the market for electric vehicle charging stations gets a boost from the Inflation Reduction Act, according to Credit Suisse. Analyst Maheep Mandloi initiated coverage of ChargePoint with an outperform rating, as the electric vehicle infrastructure company is a leader in the industry. “We are positive on ChargePoint, as it […]
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Wolfe Research upgrades Pinterest, cites long-term user and monetization growth under new CEO
Pinterest can jump more than 25% from here as there are “several paths” for the social media stock to outperform, according to Wolfe Research. Analyst Deepak Mathivanan upgraded Pinterest to outperform from peer perform, saying the shares have “meaningful upside” under the new CEO Bill Ready whose appointment points to a deeper commitment to e-commerce […]
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Morgan Stanley says this little-known health-care stock can soar about 80%
Definitive Healthcare is an attractive buying opportunity as shares could surge roughly 80%, according to Morgan Stanley. Analyst Craig Hettenbach named data and analytics company Definitive Healthcare a top pick, citing its strong business model and attractive entry point as health-care companies deal with longer selling cycles. “We see a compelling risk/reward in the stock, […]
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Citi downgrades FedEx to neutral as near-term outlook grows murky
Citi downgraded shares of FedEx to neutral from buy, saying that near-term challenges are dampening a compelling long-term story for the company. “We continue to see lots of potential for cost takeout and streamlining in the business, consistent with the company’s 3-year plan laid out in June for $2b+ in cost takeout. However, we are […]
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Norwegian Cruise Lines weakness opens up long-term purchasing opportunity, Stifel says
Shares of Norwegian Cruise Lines could surge practically 100% as the latest weakness opens up a very long-expression obtaining prospect, according to Stifel. Analyst Steven Wieczynski reiterated a purchase rating, and substantially raised estimates for earnings before curiosity, taxes, depreciation and amortization next 12 months and the yr right after, as demand for cruises carries […]
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HSBC upgrades Anheuser-Busch InBev to buy, says stock can surge 30% on premium brands
Anheuser-Busch InBev is now an attractive buying opportunity after shares fell from their highs, according to HSBC. Analyst Carlos Laboy upgraded shares of the Belgian beer maker to buy from hold, and slightly raised the price target of EUR65 from EUR64. It implies that shares can jump 33% from Friday’s closing price, according to the […]
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Tesla can surge 30% on Inflation Reduction Act, Wolfe Research says in upgrade to buy
It’s time for investors to buy Tesla as the Inflation Reduction Act will have a significant impact on the electric vehicle industry, according to Wolfe Research. Analyst Rod Lache upgraded shares of Tesla to outperform from peer perform, saying the electric vehicle maker and its customers may net close to $11 billion in U.S. government […]
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