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Barclays names Starbucks a top 2023 pick Barclays said the coffee giant is a "best-in-class" stock for 2023. UBS names Chipotle a top 2023 pick UBS said the Mexican chain restaurant is defensive in a "tough macro." Bank of America downgrades PNC to underperform from neutral Bank of America said shares of PNC are trading at a premium. Bank of America downgrades Ally Financial to underperform from buy Bank of America said Ally is most exposed to auto loans. Bank of America reiterates Amazon as buy Bank of America said Amazon layoffs are "not a positive signal, but good for sentiment."
Here are the biggest calls on Wall Street on Monday: UBS downgrades Microsoft to neutral from buy UBS said in its downgrade of the stock that it's concerned about Microsoft Office risks. Wells Fargo downgrades Target to equal weight from overweight Wells said in its downgrade of the stock that it sees too much 2023 uncertainty. " UBS downgrades JB Hunt to neutral from buy UBS said in its downgrade of the shipping company that it sees volume and pricing risk. UBS downgrades Honeywell to sell from buy UBS said in its downgrade of the stock that the multiple is "inflated." UBS reiterates Amazon as buy UBS lowered its price target on the e-commerce giant to $125 per share from $165 but says it's standing by the stock.
Shares of Formula One-parent company Liberty Media can go nearly 30% higher on the rising popularity of the auto racing sport, according to Morgan Stanley. Analyst Benjamin Swinburne named the media and entertainment stock one of his top overweight-rated ideas for 2023, saying it can outperform even as growing recessionary challenges are expected to challenge the broader industry. Its primary revenue drivers (over 80% of revenues) are driven by contracted media rights, race promotion fees, and sponsorship contracts all with multi-year renewal cycles," Swinburne wrote Monday. The analyst cited the growing popularity of Formula One in the U.S., which he expects will result in higher revenue growth over the long term. EBITDA (OpCo level) to CAGR midteens through '25 as F1 realizes margin expansion under the terms of its current Concorde Agreement," Swinburne wrote.
China's COVID protests weigh on European shares
  + stars: | 2022-11-28 | by ( ) www.reuters.com   time to read: +3 min
The pan-European STOXX 600 index (.STOXX) slipped 0.5%, tracking a sharp decline in Asian stocks. China posted record-high COVID-19 infections on Monday, after a weekend of protests, raising worries about the management of the country's zero-COVID policy and its impact on the world's second-largest economy. Other European sectors exposed to China, including automakers (.SXAP) and luxury, also fell in morning trade. European Central Bank chief Christine Lagarde will testify before the European parliament later in the day. Shares of Adler Group (ADJ.DE) surged 61.5% after the German property firm secured a deal with bondholders over $971 million debt.
Shares of Walgreens Boots Alliance offer an attractive risk-reward to investors as the company transforms into a health care services-focused business, according to Cowen. Instead, he views massive growth opportunities for the company as it ramps up investments in health care services. "We view the risk/reward as very attractive, and believe investors should take the risk, given near-term support from 4.8% dividend yield." He expects additional upside from Walgreens' latest health care investments and offerings, including its acquisition of CareCentrix and the addition of Summit Health following its merger with VillageMD . Walgreens' current valuation also takes into account the macro risks concerning some investors and weighing on analysts' targets, he added.
Shares of the big-box retailer fell more than 15% in premarket trading after it also said that its third-quarter profit had halved. In contrast, Walmart, which dedicates most of its shelf space to groceries and other daily essentials, raised its full-year sales and profit forecast on Tuesday. However, the top U.S. retailer warned that its customers could slow spending, especially in general merchandise categories, in the holiday quarter. FedEx (FDX.N) and Amazon (AMZN.O) have also warned of a slump in holiday season demand in recent weeks, while overall U.S. holiday sales are expected to rise at a slower pace this year, according to an industry trade group. On an adjusted basis, Target's profit was $1.54 per share for the quarter ended Oct. 29, missing analysts' expectations of $2.13.
Apart from generating and selling electricity, RWE also operates a large desk that trades in electricity, gas and CO2 certificates as well as other commodities, which can lead to bumper profits in times of significant price swings. "We have a very fundamental understanding of how markets work," Chief Financial Officer Michael Mueller told reporters on Thursday. Stifel Research, keeping a "buy" rating on RWE shares, said trading results were driven by so-called contango, where the futures price of a commodity is higher than spot levels. Nine-month adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 4.1 billion euros ($4.1 billion), up from 2.4 billion a year earlier. Apart from the strong performance in trading, where profits were up 59%, results also benefited from higher electricity wholesale prices for gas and biomass, Mueller said.
Evercore ISI upgrades Kroger to outperform from in line Evercore said in its upgrade of the stock that it sees "high teen upside." Wedbush reiterates Tesla as outperform Wedbush says it's concerned about company founder Elon Musk selling shares of Tesla. "For Musk who multiple times over the past year has said he is 'done selling Tesla stock' yet again loses more credibility with investors and his loyalists in a boy who cried wolf moment. Musk is the most important part of the Tesla story by a wide margin and every move he makes has a major impact on Tesla stock." Morgan Stanley reiterates Disney as outperform Morgan Stanley says it's standing by shares of Disney after the company's disappointing earnings report on Tuesday.
Wall Street analysts are impressed with Robinhood after it posted strong results for the latest quarter that showed a boost from interest rates and lower expenses. In August, the fintech company announced a 23% reduction in its headcount as it reported weaker-than-expected results for the second quarter . Deutsche Bank – Hold, price target $11 "Quite positively, the company achieved adjusted EBITDA profitability a quarter ahead of its target... Piper Sandler – Neutral, price target $11.50 "Our price target multiple increase is driven by our increased confidence in HOOD's leaner expense model & given it achieved adjusted EBITDA profitability a quarter earlier than expected. Barclays – Underweight, price target $11 "Q3 revenues beat, driven by higher net interest income, and costs came in well below expectations, driving adj.
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Here are Thursday's biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said recent disclosures indicate Apple's app store revenue may have bottomed. Morgan Stanley reiterates CVS as overweight Morgan Stanley said CVS's "strategic path & earnings targets [are] intact." Morgan Stanley reiterates Match as overweight Morgan Stanley said shares of Match are "compelling." Morgan Stanley downgrades Lincoln National to equal weight from overweight Morgan Stanley said it sees "sizable risk" in shares of the insurance company. Morgan Stanley reiterates New York Times as overweight Morgan Stanley said it sees "pricing power" and "tailwinds" ahead for The New York Times.
[1/2] GSK (GlaxoSmithKline) logo is seen in this illustration, August 10, 2022. Shingrix generated sales of 760 million pounds ($873 million) compared with the GSK-compiled analyst consensus forecast for 685 million pounds. In July, GSK had predicted 2022 sales growth of 6% to 8% and adjusted operating profit to climb by 13% to 15%, both increases on forecasts issued in February. GSK said it had incurred a charge of 45 million pounds in the third quarter, primarily reflecting provisions for increased legal fees related to heartburn drug Zantac. Originally marketed by a forerunner of GSK, Zantac has been sold by several companies at different times, including Pfizer (PFE.N), Boehringer Ingelheim and Sanofi (SASY.PA) as well as a plethora of generic drugmakers.
Here are the biggest calls on Wall Street on Monday. Raymond James upgrades Planet Fitness to strong buy from market perform Raymond James said in its upgrade that Planet Fitness is still in great shape despite its pullback. UBS downgrades Lyft to neutral from buy UBS said in its downgrade that it's skeptical that Lyft can deliver industry-level top line growth "We are downgrading shares of Lyft to Neutral from Buy and reducing our ests. Jefferies downgrades Anheuser-Busch InBev to hold from buy Jefferies in its downgrade that the beer company is not as cheep as its peers. EBITDA upside and above avg.
Deutsche Bank reiterates Nike as buy Deutsche said it's standing by shares of Nike heading into earnings next week. Canaccord downgrades Stitch Fix to neutral from buy Canaccord downgraded the online personal styling service after the company's disappointing earnings report. " Goldman Sachs upgrades Estee Lauder to buy from neutral Goldman said in its upgrade of the stock that investors should buy the weakness. Deutsche Bank reiterates Costco as buy Deutsche said it sees upside potential heading into earnings on Thursday. " Bank of America reiterates Apple as buy Bank of America said its survey checks on Apple show that carrier promos are driving more consumers to upgrade iPhones.
Limba română, ca și orice limbă, are și ea cuvinte intraductibile sau cuvinte care își pierd acea chimie pentru care sunt de obicei folosite. Atunci, filosoful și scriitorul român Constantin Noica s-a întrebat de ce au fost alese atât de puține cuvinte și de ce printre acestea nu sunt incluse și cuvinte precum: „lămurire”, „sinea”, „întru”, „împielițare”. DOINĂ, doine, s. f. Specie a liricii populare și a folclorului muzical românesc, care exprimă un sentiment de dor, de jale, de revoltă, de dragoste etc., preluată și de poezia cultă. COLÍNDĂ, colinde, s. f. 1. SÍNEA s. f. art.
Persons: Constantin Noica, ., SÍNEA, I . Refl, . S ., . Tranz Organizations: UNESCO, . Tranz, recipr, . invar Locations: ÎNFIRIPÁ
Ce cuvinte au căutat oamenii pe dexonline în ultima lună a anului 2020Site-ul dexonline a realizat topul celor mai căutate cuvinte din ultima lună a anului 2020. Așadar, luna decembrie a anului 2020 pentru dexonline a arătat în felul următor. Zelot – 1 ( Îvr ) Zelator (1). 2 ( Mpl ) Membru al unei grupări politice din Palestina, care reprezenta interesele păturilor mijlocii și care lupta împotriva marii preoțimi iudaice și a dominației romane Si: ( îvr ) zelator (3). Gambit – sacrificarea unui pion la începutul unei partide de șah de către unul dintre jucători, cu scopul de a obține o poziție activă și o posibilitate mai rapidă de a trece la atac.
Persons: cox, ler, dexonline, Cox, ., . Adj ., . S . Organizations: . Adj Locations: Palestina, Tesalonic, Imperiul Bizantin
Anul 2015, în 12 cuvinte de pe dexonline:# IanuarieDIÁSPORĂ s. f. 1. A îndepărta pe cineva a cărui prezență este supărătoare; a alunga, a goni. A cheltui, a risipi, a irosi bunuri materiale. # IulieCRÉDO s. n. 1. a treia parte a misei. A lovi (sau a izbi, a trăsni pe cineva) la mir = a) a lovi (pe cineva) în frunte (mortal); b) a distruge, a nimici.
Persons: Nabucodonosor II, . P ., . Tranz, Pop, . sb . potrošiti, ., auguste, . nec, August, berlina, . miro, codiță, Cristos Locations: Ierusalimului, Babilonului, țigăi, MIR2, BĂJÉNIE
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