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Netflix and a popular beauty stock were featured among Friday's biggest analyst calls. Analyst Rob Sanderson initiated coverage of DoorDash with a buy rating and $170 price target, citing strong execution. Alongside the upgrade, Blum downgraded Sunnova Energy to an equal weight rating and slashed his price target to $6 from $11, citing a higher-for-longer rate environment. "Share gains upmarket by Shopify support confidence in the durability of growth against tempered consumer spending expectations," wrote analyst Keith Weiss. The stock has tumbled 11% this year, but could rally 22% based on the firm's adjusted $85 price target.

Persons: Canaccord Genuity, Rob Sanderson, DoorDash, Sanderson, – Samantha Subin, Wolfe, Steven Chubak, BAC's, Chubak, bode, Wells, Michael Blum, Blum, Biden, Samantha Subin, Morgan Stanley, Keith Weiss, Weiss, — Samantha Subin, Canaccord, Maria Ripps, Steven Cahall, Price, Doug Anmuth, Morgan Stanley's Benjamin Swinburne, Jefferies, Ashley Helgans, Helgans, Fred Imbert Organizations: CNBC, Netflix, Friday's, Jefferies, Capital, Industry, Wolfe Research, Bank of America, of America, SCHW, Sunnova Energy, NOVA, Ulta Locations: Wells Fargo, China, Thursday's, Canada

☆ Russia is using chemical weapons against Ukrainian troops to create panic before it attacks: report
▼ + stars: | 2024-04-08 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Russia is using chemical weapons against Ukrainian forces, The Telegraph has reported. The report says Russia is using the weapons to create panic before launching attacks. AdvertisementRussia is launching daily attacks on Ukrainian positions using prohibited chemical weapons, The Telegraph has reported. The report, citing front-line Ukrainian troops, says Russian forces are using the weapons in a bid to create panic before launching attacks on Ukrainian positions. It says Russia is using drones to drop grenades filled with CS gas, a chemical agent whose use in war is banned under the Chemical Weapons Convention.

Persons: —, Marc, Michael Blum, Russia's, Volodymyr Zelenskyy Organizations: Ukrainian, Telegraph, Service, CS, Chemical, Convention, 810th Naval Infantry Brigade, Kyiv Post, Republicans Locations: Russia, Ukrainian, Chasiv Yar, Donetsk, Ukraine, Russian, Kyiv

☆ Solar stocks Sunrun and Sunnova Energy are at attractive entry points after SVB crisis, Wells Fargo says
▼ + stars: | 2023-03-15 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

The Silicon Valley Bank crisis is creating attractive entry points in residential solar stocks Sunrun and Sunnova Energy International , according to Wells Fargo. "Weakness in resi-solar driven by the SVB crisis is a buying opportunity," analyst Michael Blum said to clients in a note. While fears of contagion risk have caused regional banks to pull back, the greater likelihood of a pause in interest rate hikes from the Federal Reserve is a boon for solar stocks. According to the analyst, a 50 basis point reduction to a long-term discount rate of 7% to 8% would mean greater upside for Sunrun and Sunnova. His Sunnova target of $23 points to a 42.4% advance as well.

☆ Wells Fargo upgrades these clean energy names, says climate bill benefits have yet to materialize
▼ + stars: | 2023-01-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Wells Fargo is getting more bullish on shares of First Solar , Sunnova Energy and Sunrun , expecting margins to improve as supply chains ease and raw material costs decline. Benefits from the legislation have also yet to materialize in stock prices, he added. Many have also come to view the solar stock as a major beneficiary of tax credits from the government's climate bill. Blum expects Sunnova and Sunrun, meanwhile, to benefit from their power purchase agreement models poised to gain in the next year. low-income projects, domestic content, and energy community) are only available to solar financing deals structured as lease/PPAs," Blum said.

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