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A chipmaker was among Monday's biggest analyst calls along with a hospital stock. Morgan Stanley upgraded Micron Technology and raised its price target on the stock — though it sees only limited gains ahead. U.S. Steel shares have dropped more than 26% year to date. The bank upgraded the computer memory stock to equal weight from underweight and increased its price target to $130 per share from $98. He also raised hi 12-month price target to $226 from $189, implying upside of 27% from Friday's close.

Persons: Morgan Stanley, Dell, Samik Chatterjee, Bernstein, Toni Sacconaghi, DELL, — Brian Evans, Jefferies, Christopher LaFemina, LaFemina, Stifel, Ruben Roy, Baird, Tristan Gerra, Tom O'Malley, Brian Evans, Micron Technology Morgan Stanley, Morgan Stanley's, Joseph Moore, Moore, AJ Rice, Rice, Fred Imbert Organizations: CNBC, Micron Technology, UBS, Universal Health Services, JPMorgan, Dell, Jefferies, U.S, Steel, U.S . Steel, Nippon Steel's, Wall, TAM, Nvidia, Barclays Locations: U.S, Friday's

☆ S&P 500 to fall 500 points and getting to 2% inflation soon is 'pipe dream,' Stifel says
▼ + stars: | 2024-05-13 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

Stifel Financial is predicting a rough road ahead for the S & P 500 . The investment bank forecasts the benchmark stock index will tumble about 500 points to 4,750 in the second or third quarter — a correction of roughly 10%. "As a result, the sustained 2% Core PCE inflation the Fed seeks is a pipe dream." Stifel's inflation model shows a jump in core personal consumption expenditures to just over 3% in the second half of this year. The S & P 500 is up about 9.5% year to date.

Persons: Barry Bannister, Bannister Organizations: PCE

The bank's price target implies more than 35% upside. Citi also increased its price target to $47 per share from $38, which implies more than 30% upside from Thursday's $36.06 close. The firm upgraded shares of the drive-through coffee company to buy from hold and raised its target price to $46 per share from $33. Dutch Bros stock has ticked up roughly 4% in 2024, lagging the broader market. The firm upgraded the conglomerate to buy and raises its price target to $115 per share from $91.13.

Persons: abate, Jon Tower, Brian Evans, TD Cowen, Cowen, Andrew M, Charles said, — Brian Evans, Chris O'Cull, Wesley Brooks, Brooks, Brandon Nispel, Nispel, Fred Imbert Organizations: CNBC, Warner Bros, Discovery, HSBC, Citi, Cheesecake, Bros, MMM

☆ The Fed hasn't done enough to 'kill' the consumer in inflation fight, says Stifel's Lindsey Piegza
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed hasn't done enough to 'kill' the consumer in inflation fight, says Stifel's Lindsey PiegzaLindsey Piegza, Stifel chief economist, joins 'Squawk Box' to discuss the Fed's decision to hold rates steady, Fed Chair Powell's comments on the lack of progress on fighting inflation, whether a rate hike will be needed at some point this year, and more.

Persons: Stifel's Lindsey Piegza Lindsey Piegza

☆ The market is recovering from a 'pseudo-recession', says Stifel's Barry Bannister
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is recovering from a 'pseudo-recession', says Stifel's Barry BannisterBarry Bannister, Stifel chief equity strategist, joins 'Squawk Box' to discuss the latest market trends, why he's cautious on the market this year, the Fed's interest rate outlook, why he favors value over growth stocks, and more.

Persons: Stifel's Barry Bannister Barry Bannister

Meanwhile, Canaccord Genuity initiated Coty with a buy rating and a price target that implied more than 30% upside. The firm initiated coverage of the restaurant chain stock with an equal weight rating and a $58 per share price target. The firm upgraded shares of the health technology company to buy from hold in a Sunday note and increased its target price to $178 from $140. The firm downgraded the computer peripherals maker to underweight from equal weight and lowered its price target to $75 per share from $85. The firm initiated coverage of the online forum stock with an equal weight rating and a $45 per share price target.

Persons: Morgan Stanley, Canaccord Genuity, Coty, Cava's, Jeffrey A, Bernstein, — Brian Evans, Jensen Huang, Atif Malik, Raimo Lenschow, Brian Evans, Masimo, MASI, Rick Wise, Logitech Morgan Stanley, Morgan Stanley's, Erik Woodring, Reddit, Morgan, Brian Nowak, Nowak, Canaccord, Susan Anderson, Anderson, COTY, Fred Imbert Organizations: CNBC, Barclays, Cava, Citi, Nvidia Citi, Nvidia, NVIDIA, Microsoft, Logitech, Coty, COTY Locations: Friday's, Cava, Taiwan, U.S

☆ Bitcoin’s peak could be a harbinger of a stock market top next, Stifel says
▼ + stars: | 2024-04-04 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

"Bitcoin & Nasdaq 100 reflect the speculative fever fostered by cheap money after dovish Fed pivots, such as occurred 4Q 2023," Bannister said. Shortly after, on March 28, the S & P 500 reached a new intraday all-time high . .SPX YTD mountain S & P 500, YTD If was indeed its peak, that could mean a weaker Nasdaq 100 for six months, Bannister said. Additionally the S & P 500, which is cap weighted, could struggle against the equal-weight S & P 500 for about six months. "When the equal-weighted S & P 500 out-performs the S & P 500, then value tends to out-perform growth," he said.

Persons: Barry Bannister, Bannister, Bitcoin, — CNBC's Michael Bloom Organizations: Big Tech, Nasdaq, Big Tech Nasdaq

☆ Boeing stock has a 'built-in-risk premium' following string of issues: Stifel's Bert Subin
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing stock has a 'built-in-risk premium' following string of issues: Stifel's Bert SubinBert Subin, Stifel Aerospace Analyst, joins 'Fast Money' to talk what is next for Boeing as the government opens a criminal investigation into January's mid-air door blowout on a Boeing Max 9.

Persons: Bert Subin Bert Subin, Boeing Max Organizations: Boeing, Stifel Aerospace

Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion. A tie-up between Diamondback and Endeavor, if it succeeds, would create a player in the massive Permian Basin oil and gas field that straddles Texas and New Mexico. Photos You Should See View All 22 ImagesEndeavor is the largest private operator in the Permian Basin. Lower oil prices are good for U.S. drivers, as it means they'll pay less at gas pumps. Shareholders of Diamondback Energy Inc. will own about 60.5% of the combined company, while Endeavor’s equity holders would own approximately 39.5%.

Persons: Hess, Diamondback, Travis Stice, ” Stifel's Derrick Whitfield, ” Stice Organizations: Diamondback Energy, Endeavor Energy Resources, Southwestern United, Exxon Mobil, Mobil, Diamondback, Endeavor, Exxon, Chevron, Drillers, OPEC, U.S, International Energy Agency, Diamondback Energy Inc, Chesapeake Energy, Southwestern Energy, Occidental Locations: Southwestern United States, U.S, Texas, New Mexico, United States, Israel, Midland , Texas

☆ The future of the American amusement park in a Disney, Universal dominated world of thrills
▼ + stars: | 2024-01-27 | by ( Kevin Williams | ) www.cnbc.com time to read: +14 min

Eric Thayer | Bloomberg | Getty ImagesThe theme park business, like many others, is consolidating and changing along with consumer habits. Coney's closing ended an era for Cincinnati-based theme park consultant Dennis Speigel. And there's an underlying rationale for the deal related to what's occurred on the national theme park landscape in recent decades. watch nowA more consistent ride at Cedar Fair Comparatively, Cedar Fair has seen its attendance decline from 22.9 million visitors in the first nine months of 2019 to 20.9 million in 2023. "Disney and Universal have theme parks in several global markets and are considered destination resorts," Baker said.

Persons: Eric Thayer, Knotts, Looney, Richard Zimmerman, Selim Bassoui, Universal, Dennis Speigel, Speigel, Don Helbig, Helbig, Zimmerman, Bassoul, David Katz, Jeffries, It's, Katz, Salim, Berry, Stifel, Carissa Baker, Baker, Dallas restauranteur Shannon Wynne's, Wynne, Wynne's, Angus, Louis, Texans haven't, hadn't, Elizabeth Ringas, Ringas, it's Organizations: Bloomberg, Getty, Disney, Comcast's, Cedar Fair, Flags, Looney Tunes, Marvel, Cedar, Department of Justice, Fair, Dominion, Universal, Google, Dell, Six, Revenue, Cedar Fair Entertainment, Six Flags Entertainment Corp, Getty Images Bloomberg, SIX, University of Central, SeaWorld, Paramount Parks, Premier Parks for Six, Seaworld, Dallas, Texans, American, Enthusiasts, Comcast, CNBC Locations: Valencia , California, Florida, Cincinnati, Coney Island, York, Coney's, Coney, Kings, Virginia, New York, North America, Buena Park , California, Americas, University of Central Florida, Texas, Dallas, Greater Atlanta, St

☆ The Fed could be on hold for much longer than the market is expecting, says Stifel's Lindsey Piegza
▼ + stars: | 2024-01-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed could be on hold for much longer than the market is expecting, says Stifel's Lindsey PiegzaDave Sekera, Morningstar chief U.S. market strategist, and Lindsey Piegza, Stifel chief economist, join 'Squawk Box' to discuss latest market trends, state of the economy, the Fed's rate path outlook, and more.

Persons: Stifel's Lindsey Piegza Dave Sekera, Lindsey Piegza Organizations: Morningstar

☆ Big analyst calls on 6 portfolio stocks this week. Here are Wall Street's thoughts and ours
▼ + stars: | 2024-01-05 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

Wall Street made some big calls on Club stocks to kick off the first week of 2024. Apple Wall Street's take: The new year began with a bang in Big Tech and not in a good way. Apple stock received a rare downgrade from Barclays on Tuesday. We always say about Apple stock "own it, don't trade it." Microsoft, Salesforce Finally, Microsoft and Salesforce were listed as Bank of America's top picks on Friday.

Persons: Here's, IP15, …, Salesforce, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Apple, Big Tech, Barclays, Tuesday, Nvidia, Data Center, Club, Honeywell, Mizuho Securities, Costco Wholesale Deutsche Bank, Costco, Microsoft, Bank, America's, Dow Jones, Dow, CNBC, Traders, New York Stock Exchange, Getty Locations: India, NVDA

☆ Stifel says the S&P 500 to top out soon, still stuck in a secular bear market
▼ + stars: | 2023-12-04 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

The broad market index ended Friday at 4,594.63, its highest close for 2023. .SPX YTD mountain S & P 500 in 2023 Year to date, the broad market index is up nearly 19%, fueled primarily by large-cap tech names like Meta and Nvidia . He also noted that the market faces bleak prospects going into the early 2030s, expecting a range-bound S & P 500 in real terms" as investors navigate a secular bear market. "The CPI inflation-adjusted S & P 500 peaked near 5,300 in Dec-2021 and has been lower since, which is characteristic of a decade-long Secular Bear Market featuring a flattish/range bound market," Bannister said. As the market growth story shifts to cyclical growth, Bannister says the previous "high level of returns … is gone for a generation."

Persons: Barry Bannister, Bannister, Michael Bloom Organizations: Nvidia

☆ GLP-1 weight loss drug boom to boost energy drink stocks, Lululemon, Stifel says
▼ + stars: | 2023-11-29 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Further uptake of the blockbuster weight loss drugs rocking the health-care world can bode well for select energy drink makers and fitness-focused retailers, Stifel said. Indeed, Stifel found an additional 21% said they would be interested in the drug if it showed proven results, was widely available and had approval from the U.S. Food and Drug Administration for weight loss specifically. Wegovy was approved to treat weight loss in 2022 and Eli Lilly's Zepbound recently received that same nod . These shifting food and health habits can also affect consumer spending — and stocks tied to specific retailers, Astrachan said. If half of those interested in GLP-1 drugs begin taking them, the firm expects U.S. energy drink consumption could increase about 2%.

Persons: bode, Stifel, Wegovy, Eli Lilly's Zepbound, Mark Astrachan, Astrachan, Atkins, Levi Strauss, Lululemon, — CNBC's Michael Bloom Organizations: Nordisk's Ozempic, U.S . Food, Drug Administration, Monster Beverage, Holdings, Food, BellRing Brands, Brands Locations: Stifel's U.S, U.S

☆ Lawmakers are set to vote to avert a government shutdown. Here’s what it means for markets
▼ + stars: | 2023-11-14 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Washington may be able to avoid a government shutdown by the upcoming Friday deadline, but that doesn't mean Congress — or the markets — are quite in the clear. House Speaker Mike Johnson said on CNBC's " Squawk Box " on Tuesday that he expects enough lawmakers on both sides to pass his two-step "laddered" continuing resolution. The continuing resolution plan would extend federal funding for some government agencies until mid-January, while other agencies would be funded through early February. The House is expected to vote on the continuing resolution around 4:30 p.m. That doesn't mean that you're not going to have the showdown — it just means that this is the prologue," Salisbury said.

Persons: Mike Johnson, Chuck Schumer, Mitch McConnell, Israel, Goldman Sachs, Jan Hatzius, Benjamin Salisbury, Salisbury, Brian Gardner, Gardner, It's, Eric Diton, Diton, We've, we've, — CNBC's Michael Bloom, Chelsey Cox Organizations: Freedom Caucus, Democrats, Wall, Government shutdowns, Wealth Alliance, Moody's, Service Locations: Washington, Salisbury

☆ Expect the S&P to top out at 4400 at year-end: Stifel's Barry Bannister
▼ + stars: | 2023-11-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect the S&P to top out at 4400 at year-end: Stifel's Barry BannisterBarry Bannister, Stifel chief equity strategist, and CNBC's Mike Santoli join 'Power Lunch' to discuss the macro environment in the markets and more.

Persons: Stifel's Barry Bannister Barry Bannister, Mike Santoli

☆ These luxury stocks won't lose their luster even as sales growth slows to pre-pandemic levels
▼ + stars: | 2023-11-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +13 min

After three years of record growth, luxury companies are feeling the pain as sales slow to a more normal pace. Nowhere have the struggles of the luxury sector been more prominent than in the French conglomerate LVMH Moet Hennessy Louis Vuitton , the group's bellwether. This dynamic tends to hurt the less-prestigious luxury brands more, according to Rogerio Fujimori, an analyst at Stifel. "Chinese [consumers] are back to Southeast Asia and Japan, but there's still a long way to go in terms of Europe. LVMH and other European luxury brands have been market leaders among European equities since 2021 until the first half of 2023.

Persons: Richemont, Burkhart Grund, LVMH Moet Hennessy Louis Vuitton, Gucci, Ashley Wallace, Bernstein, Luca Sola, Rogerio Fujimori, Fujimori, Wallace, Stifel's Fujimori, there's, Richemont's Grund, —, Fujimori foresees, we've, Hermes, Brunello, Thomas Chauvet, Louis Vuitton, Brunello Cucinelli, LVMH, Dior, Markus Hansen, Hansen, America's Wallace, It's, Vontobel's Hansen, — CNBC's Michael Bloom Organizations: Cartier, Bank of America, U.S, U.S ., EU, Europe, Citi, Bank, Gucci, Bottega Locations: U.S, Europe, Japan, China, Southeast Asia, China's, Thursday's, Kering

☆ The odds of a government shutdown are rising, says Stifel's Brian Gardner
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe odds of a government shutdown are rising, says Stifel's Brian GardnerCNBC's Emily Wilkins and Brian Gardner, Stifel chief Washington strategist, joins 'Power Lunch' to discuss the looming government shutdown.

Persons: Brian Gardner, Emily Wilkins, Stifel Locations: Washington

☆ Fed won't hesitate to hike rates if the economy keeps outperforming, says Stifel's Lindsey Piegza
▼ + stars: | 2023-11-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed won't hesitate to hike rates if the economy keeps outperforming, says Stifel's Lindsey PiegzaMichael Farr, Hightower Advisors, and Lindsey Piegza, Stifel chief economist, joins 'Power Lunch' to discuss the main takeaway from Jerome Powell's latest comments, if Powell's comments will have far-reaching implications, and much more.

Persons: Stifel's Lindsey Piegza Michael Farr, Hightower, Lindsey Piegza, Jerome Powell's Organizations: Hightower Advisors

☆ What the new House speaker means for government shutdown odds and the markets
▼ + stars: | 2023-10-26 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

After three weeks without a speaker, House Republicans finally handed the gavel to Mike Johnson of Louisiana on Wednesday. The new House speaker arrives as lawmakers have been unable to pass spending legislation — with a Nov. 17 deadline nearing. Ukraine funding Another pressing issue is President Joe Biden's $106 billion defense supplemental request, on which Johnson has not signaled a clear position. "We expect Mr. Johnson and House Republicans will try to unbundle the proposal." Johnson is taking over as House speaker as the stocks market struggles.

Persons: Mike Johnson of, Johnson, Tobin Marcus, Jan Hatzius, Goldman Sachs, Marcus, Joe Biden's, Brian Gardner, Stifel's, Biden, Gardner, — CNBC's Michael Bloom Organizations: Republicans, Street, GOP, Wolfe Research, Senate, Ukraine, House Republicans, Nasdaq Locations: Mike Johnson of Louisiana, Israel, Ukraine, Washington

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Amazon, Tesla, DraftKings, Meta, Monster & more
▼ + stars: | 2023-10-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are the biggest calls on Wall Street on Tuesday: Bank of America reiterates Apple as neutral Bank of America said China remains a risk for Apple . UBS downgrades Regions to neutral from buy UBS said the Birmingham, Alabama-based regional bank is going into the "penalty box." DA Davidson upgrades Braze to buy from neutral DA said shares of the cloud-based software company will benefit from "resilient growth." Piper Sandler downgrades Monster to neutral from overweight Piper said in its downgrade of Monster that it had previously been just "wrong." Seaport initiates Amazon, Meta and Alphabet as buy Seaport initiated Amazon , Meta and Alphabet on Tuesday, saying it sees further upside for all three.

Persons: Bernstein, Tesla, underperform Bernstein, Goldman Sachs, Goldman, it's bullish, Ingersoll Rand, Stifel, Davidson, Needham, Moffett, Piper Sandler, Piper, MNST, Redburn, Morgan Stanley, Wells, it's, Baird, KeyBanc, –, Tommy Hilfiger, Larsson, Calvin Klein Organizations: Bank of America, Apple, of America, Nvidia, Reuters, AMD, Microsoft, UBS, Regions, Lattice Semiconductor, PSA, Fitness, Retail Media, Barclays, Rio Tinto, FMC Corp, FMC, JPMorgan, PVH, Energy Locations: China, wearables, Birmingham , Alabama, Rio

☆ The Fed is 'being backed into a corner' to take a firmer policy position: Stifel's Lindsey Piegza
▼ + stars: | 2023-10-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is 'being backed into a corner' to take a firmer policy position: Stifel's Lindsey PiegzaLindsey Piegza, Stifel chief economist, joins 'Squawk Box' to discuss the state of the U.S. economy, robust labor market, impact on the Fed's rate decision, and more.

Persons: Stifel's Lindsey Piegza Lindsey Piegza Locations: U.S

☆ Gardner: Funding for Israel and Ukraine will be top priorities once the House Speaker race wraps up
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGardner: Funding for Israel and Ukraine will be top priorities once the House Speaker race wraps upStifel's Brian Gardner discusses what President Biden aims to achieve with his trip to Israel and Jordan this week, and whether Jim Jordan has lined up enough votes to become the next House Speaker.

Persons: Brian Gardner, Biden, Jordan, Jim Jordan Organizations: Gardner Locations: Israel, Ukraine

☆ Stifel upgrades Colgate-Palmolive, sees 14% upside driven by strong Hill's pet food sales
▼ + stars: | 2023-10-16 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Colgate-Palmolive has more upside ahead than downside, according to Stifel. Still, the new forecast implies roughly 14% upside from Friday's $70.95 close. Colgate-Palmolive stock has slipped nearly 10% since the start of the year. CL YTD mountain Colgate-Palmolive stock. Stifel also expects year-over-year market share improvement in Colgate toothpaste, "which began in 1Q22 following years of share underperformance, to continue," Astrachan said.

Persons: Mark Astrachan, Stifel, Astrachan, Morgan Stanley, Morgan, — CNBC's Michael Bloom Organizations: Colgate, Palmolive Locations: 2Q23, 3Q23, 1Q22

☆ Jim Jordan is unlikely to win the 217 votes needed to be House Speaker, says Stifel's Brian Gardner
▼ + stars: | 2023-10-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Jordan is unlikely to win the 217 votes needed to be House Speaker, says Stifel's Brian GardnerBrian Gardner, chief Washington policy strategist at Stifel, joins 'The Exchange' to discuss internal division among Republicans stalling the Speakership nomination, the likelihood of another short-term spending bill, and more.

Persons: Jim Jordan, Brian Gardner Brian Gardner Organizations: Republicans Locations: Washington

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