Nike, La-Z-Boy, Altria Group, Coinbase, Dow & more

People walk past a store of the sporting goods retailer Nike Inc. at a shopping complex in Beijing, China March 25, 2021. Florence Lo | Reuters Check out the companies making headlines in midday trading Wednesday. Nike – Shares of the athleticwear retailer fell more than 3% after Seaport downgraded the stock to neutral from … Read more

Apple, TSMC, Nike, Dow, Cigna, Amazon

Here are Wednesday’s biggest calls on Wall Street: Morgan Stanley resumes Advanced Micro Devices as overweight Morgan Stanley resumed coverage of the semiconductor company after a long period of restriction and said AMD’s valuation is “reasonable.” “While a digestion phase in PCs and consoles appears likely, and we are budgeting for some bail next year, … Read more

Winnebago, La-Z-Boy, Revlon and others

Check out the companies making headlines before the bell: Winnebago (WGO) – The recreational vehicle maker saw its stock jump 3.4% after beating top and bottom-line estimates for its latest quarter. Winnebago earned an adjusted $ 4.13 per share, compared to a consensus estimate of $ 2.96, helped by higher prices and a jump in … Read more

Credit Suisse downgrades Dow, says stock will fall from here as earnings normalize

Shares of chemical maker Dow could be due for a rough landing as the economy normalizes after the pandemic shutdowns, according to Credit Suisse. Analyst John Roberts downgraded the stock to underperform from neutral, saying in a note to clients that Dow’s valuation looks pricy amid potentially unsustainable results. “We remain concerned that US basic … Read more

Apple, Dow, Amazon, CVS, Roblox, Netflix

Here are Friday’s biggest calls on Wall Street: Goldman Sachs upgrades Utz to buy from neutral Goldman said investors should buy the dip in shares of the snacks company. “We upgrade Utz to Buy, as we see an above average top and bottom line growth outlook given the company’s strong position in the attractive salty … Read more

Citi downgrades Dow, says chemical stocks will struggle going forward

The shifting economic environment could be a blow to chemical stocks, including industry leaders such as Dow, according to Citi. Analyst PJ Juvekar downgraded Dow to neutral from buy, saying in a note to clients Friday that the Federal Reserve’s rate hikes are changing the outlook for cyclical chemical names. “These hikes are likely to … Read more

Thursday top Wall Street calls: Tesla, Lululemon, Apple, Amazon

Here are Thursday’s biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said in a note Wednesday night that reports of iPhone 14 delays are overblown. “Our supply chain checks do not indicate delays, and looking at past flagship iPhone launches, there’s minimal impact to FY shipments or AAPL stock performance … Read more

Apple, Nvidia, Ralph Lauren, Amazon

Here are Monday’s biggest calls on Wall Street: UBS reiterates Apple as buy UBS said that its survey checks show a “modest downtick” in iPhone demand. “Key takeaways from the survey pertaining to Apple are: 1) China iPhone purchase intent was up ~ 600 bps YoY, reaching its highest level in six years suggesting the … Read more

Here are Friday's biggest analyst calls of the day: WeWork, Amazon, Apple, Dow, United, Tesla & more

Here are the biggest calls on Wall Street on