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☆ Here are Tuesday's biggest analyst calls: Apple, Alphabet, Pinterest, Netflix, Amazon, Nvidia & more
▼ + stars: | 2023-07-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Jefferies reiterates Apple as buy Jefferies said it's expecting a "quiet quarter" when the company reports earnings Aug. 3. Wells Fargo reiterates Netflix as overweight Wells said it's bullish heading into the company's earnings report Wednesday. Jefferies reiterates Alphabet as buy Jefferies said it's bullish heading into Alphabet earnings next week. Bank of America downgrades Lumentum to neutral from buy Bank of America called the stock an "overstated" AI beneficiary. JPMorgan reiterates Amazon as overweight JPMorgan said the e-commerce giant is its top pick heading into earnings. "

Persons: Jefferies, it's, Wells, Truist, Piper Sandler, Dave, Buster's, Piper, Bernstein, Goldman Sachs, Goldman, Max, Roth, Uber, Roth MKM, it's bullish, Morgan Stanley, Evercore, Marvell, Williams Deutsche, Sherwin Williams, JPMorgan Organizations: Apple, Netflix, Argus, Warner Brothers Discovery, Citi, Polaris Citi, 2Q, Bank of America, Nvidia, American Express, Digital, Marvell Technology Inc, Global, Inc, Deutsche Bank, Sherwin, JPMorgan Locations: capex

☆ Here are Monday's biggest analyst calls: Apple, Pepsi, Yelp, Chewy, Netflix, Nvidia, Tesla, Meta and more
▼ + stars: | 2023-07-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

"We are initiating coverage with an ONON with an Outperform rating and $38 price target. Citi opens a positive catalyst watch on Valvoline Citi opened a positive catalyst watch on Valvoline and says it has robust fundamentals. "We open a 30-day upside catalyst watch based on strong fundamentals and the stock's relative under-performance post completion of the Dutch tender offer on 6/8." Citi opens a positive catalyst watch on Bank of New York Mellon Citi opened a positive catalyst watch on the investment bank ahead of earnings Tuesday. Morgan Stanley reiterates Apple as overweight Morgan Stanley raised its price target on Apple to $220 from $190 and says India is the company's "next frontier."

Persons: TD Cowen, Cowen, Goldman Sachs, it's, Wells, Tesla, Wells Fargo, Morgan Stanley, Apple, Morgan Stanley downgrades Conagra, Morgan Stanley downgrades Pepsi, Raymond James downgrades, Raymond James, Bernstein, Aramark, Oppenheimer Organizations: Citi downgrades AT, Citi, Valvoline Citi, Bank of New York Mellon Citi, BK, Nvidia, Deutsche Bank, Netflix, Baidu, Apple, Pepsi, Barclays, LT, JPMorgan, Bank of America, Zynga, NXP Semiconductors, Intel Citi, Intel, AMD, Meta, Suisse, Arista Networks, ISI Locations: eCommerce, China, India, Apple India

☆ Collective embrace of soft landing economic scenario extends 2023 rally after welcome drop in CPI
▼ + stars: | 2023-07-15 | by ( Michael Santoli | ) www.cnbc.com time to read: +6 min

Now, especially after the sturdy June jobs report as week ago and the reassuringly cool CPI print on Wednesday, this is something closer to the prevailing view. The market all year has been acting as if inflation and the Fed's aggressive war against it were mostly 2022 problems. The wobble in early July after a blockbuster ADP employment report sent Treasury yields flying was over in a day. Passing these tests, and now having seen market strength broaden significantly since the end of May, belief is replacing doubt. And last quarter, the S & P went choppily sideways for the first month of reporting season.

Persons: it's, what's Organizations: Federal, Treasury, Investment, National Association of Active Investment, Deutsche, Nasdaq, Bulls, Wall, & $ Locations: what's

☆ A 55-year-old retired police officer explains how she rebuilt her credit after filing for bankruptcy — and has done over 20 real estate deals, from flips to long-term rentals
▼ + stars: | 2023-07-11 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +13 min

Still, she's managed to do more than 20 real estate deals, from flips to long-term rentals. Dipping her toe into investing and learning from the 2007 housing market crashStroud's introduction to real estate investing wasn't a smooth one. "My very first real estate interaction was a failed one," she said. "During the 2007 real estate crash, values dipped everywhere but our property didn't dip as low as others did. Courtesy of Brenda StroudLater that year, around December 2020, Stroud took an online real estate investing course for $17 offered by the Women's Real Estate Investors Network (WREIN) after seeing an advertisement on Facebook.

Persons: Brenda Stroud, she's, Stroud, Brandon, She's, she'd, that's, hadn't Organizations: Prince, United, Tuskegee University, Tuskegee, Stroud, Estate Investors, Facebook Locations: Prince George's County, Maryland, Georgia, Stroud, Tuskegee , Alabama, Washington , DC, Fort Washington , Maryland, Baltimore, Snellville , Georgia, Tuskegee, United States, WREIN

☆ Earnings season is upon us. What to look out for when major banks report Friday
▼ + stars: | 2023-07-10 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Wells Fargo (WFC) and Morgan Stanley (MS), our two financial holdings, will report quarterly numbers Friday and a week from Tuesday, respectively. All 23 institutions tested, including Wells Fargo and Morgan Stanley, passed the exercise that simulates a hypothetical severe global recession. Wells Fargo and Morgan Stanley announced increases in their capital returns to shareholders after clearing that regulatory hurdle. WFC YTD mountain Wells Fargo YTD performance Wells Fargo has a unique story among the major U.S. banks because of its multiyear restructuring plan. MS YTD mountain Morgan Stanley YTD performance When Morgan Stanley reports, net assets in its wealth management (WM) business will be a key metric.

Persons: Wells Fargo, Morgan Stanley, Christopher Whalen, Whalen, Banks, Wells, ROTCE, there's, Jim Cramer's, Jim Cramer, Jim, JPMorgan, Goldman Sachs Organizations: Federal, Silicon Valley Bank, Street, Street Journal, CNBC, Barclays, Investment, Citibank, JPMorgan Chase, Bank of America, Reuters Locations: U.S, Silicon, SVB, Wells, Wells Fargo

☆ Activist Starboard prepares the groundwork to reduce leverage and build value at Algonquin Power
▼ + stars: | 2023-07-08 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Algonquin Power is a renewable energy and utility company that provides energy and water solutions and services in North America and internationally. Algonquin Power is a utility company based in Canada with most of its assets in the United States. Instead, the acquisition would have added to an already over-leveraged balance sheet, putting Algonquin Power in an even less stable financial position. So, companies like Algonquin Power will close facilities and retire equipment and build new facilities and buy new equipment that can be added back into the rate base. Algonquin Power is a holding in the fund.

Persons: Arun Banskota, Ken Squire, Squire Organizations: Algonquin Power, Algonquin Power's, Kentucky Power, Federal Energy Regulatory, JPMorgan, 13D, Algonquin Locations: Algonquin, North America, Canada, United States, EBITDA

☆ Here are Friday's biggest analyst calls: SoFi Technologies, AutoZone, Nvidia, Meta and more
▼ + stars: | 2023-06-16 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Bank of America downgrades SoFi Technologies to neutral from buy The downgrade follows SoFi' s recent rally. Our C$51 Price Target is 39% above the current stock price and we see close to 3:1 upside/downside skew." UBS upgrades AutoZone to buy from neutral Analyst Michael Lasser raised the price target to $2,900 from $2,800. Wells Fargo initiates Neogen Corporation at overweight and $22 price target Wells Fargo said it liked the company's improving margins. Wells Fargo initiates Bio-Rad Laboratories Inc. at overweight and $550 price target Wells said Bio-Rad's valuation is attractive at current levels.

Persons: Jefferies, John Hecht, LendingClub, Morgan Stanley, Mauricio Serna, Aritzia, Michael Lasser, Carvana, it's, Wells, Ph3, Wells Fargo, Piper Sandler, TD Cowen downgrades, LOE, Michael Bloom Organizations: . Bank of America, Technologies, Nvidia, Bank of America, UBS, West Pharmaceutical Services, Stevanato, MorphoSys, Neogen, Rad Laboratories Inc, SoFi Technologies, Health Companies Locations: EBITDA, 4Q23, BLCO

☆ Dave & Buster's is a strong buy that could jump 30%, Raymond James says
▼ + stars: | 2023-06-14 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

The bull case for Dave & Buster's Entertainment remains intact, Raymond James says. Analyst Brian M. Vaccaro maintained a strong buy rating on Dave & Buster's and raised his price target, saying the restaurant and entertainment firm's presentation at its analyst day this week supported his positive view on the stock. Dave & Buster's is outperforming the broader market this year, up 30%, while the S & P 500 is 13% higher. The analyst expects some investors to take a "wait and see" approach to Dave & Buster's, given a murky economic outlook that may hurt discretionary spending. "If comps can return to positive territory, high single-digit unit growth and margin expansion should drive 10%+ EBITDA growth over the next few years," Vaccaro wrote.

Persons: Dave, Raymond James, Brian M, Vaccaro, Buster's, — CNBC's Michael Bloom Organizations: Buster's Entertainment Locations: comps, Tuesday's

☆ Morgan Stanley says this retailer is set up for an 'inflection point'
▼ + stars: | 2023-06-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Urban Outfitters could see big gains from here as an "inflection point" draws near, according to Morgan Stanley. Analyst Alex Straton upgraded the retailer to overweight from equal weight, saying that its low valuation relative to peers creates an attractive risk-reward balance to the upside. Given this setup, Straton lifted her price target to $41 from $27 a share, implying 27% upside from Monday's close. But key to this potential re-rating is a cooperative inflection at its Anthropologie brand. On the valuation front, Straton noted that shares look cheap relative to peers at 11 times forward price-to-earnings and a 20% discount to historical averages.

Persons: Morgan Stanley, Alex Straton, oppty, Straton, CNBC's Michael Bloom Locations: Capri

RBC Capital Markets thinks strong gains are in store for Toll Brothers as demand improves. The firm thinks sentiment surrounding the luxury homebuilder's shares have been "overly negative." Analyst Mike Dahl said "given TOL's high-end, West Coast and build-to-order exposures," recent trends show the company has experienced improvement similar to its peers. Toll Brothers announced its fiscal second-quarter earnings Tuesday after the bell. However, the analyst believes Toll Brothers is a relative outperformer due to its resilient margins profile higher than its peers' average and an inexpensive valuation.

Persons: Mike Dahl, Dahl, TOL, Toll, — CNBC's Michael Bloom Organizations: RBC Capital Markets, Toll Brothers, 1Q Locations: West Coast

☆ Here are Monday's biggest analyst calls: Apple, Nvidia, Amazon, DraftKings, Nike, Snowflake & more
▼ + stars: | 2023-05-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Piper Sandler names Microsoft, Snowflake and Oracle top AI picks Piper said that Microsoft, Snowflake and Oracle are the next "all-stars" in AI. Citi adds a negative catalyst watch on Nike Citi said Foot Locker's negative earnings report last week does not portend well for Nike. Citi downgrades Foot Locker to neutral from buy Citi downgraded Foot Locker after its disappointing earnings report last week and says shares are not fully de-risked. Deutsche Bank reiterates Snowflake as buy Deutsche says it's "constructive" heading into Snowflake earnings on Wednesday. Bank of America reiterates Alphabet as buy Bank of America says the internet search giant is "well positioned for mobile."

☆ Evercore's tech analyst Mahaney has a new top stock pick
▼ + stars: | 2023-05-22 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

3 spot on Evercore's technology and internet top picks, trailing only Meta Platforms and Uber in the first and second position, respectively. Evercore's price target of $150 implies about 29% upside for Amazon compared to Friday's close. Mahaney struck an optimistic tone on Amazon largely thanks to the potential growth of Amazon Web Services (AWS). The tech giant's cloud unit's revenue grew by roughly 16% in the first quarter, a slightly faster pace than anticipated by analysts. Over the long term, Mahaney added, Amazon's ability to grow artificial intelligence projects and integration could help cloud services going into 2024.

☆ A real-estate investor who started with 2 single-family houses and leveraged their debt to scale to over 2,400 rental units shares 4 tips he and his partner used to maximize cash-out refinances to pur
▼ + stars: | 2023-05-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

The cash was then used to purchase then next set of investment properties. Whitmore and his now business partner, Joel Thompson, saw a newspaper ad for two run-down single-family houses in Tulsa, Oklahoma. Whitmore scraped the cash from two tax refunds, buying and selling used watches, and an $8,000 loan from his parents. The rental income is used to pay back the loan or mortgage, while the cash is put towards purchasing the next property. But for a $50,000 house, Whitmore says you can spot structural issues just by looking for cracks in the interior walls or in the exterior brick.

☆ This $18 million Invisible House is the most expensive listing in Joshua Tree — and it's already a money-maker
▼ + stars: | 2023-05-18 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

Brian AshbyThe modern glass architecture is situated on 67.5 acres just steps away from the Joshua Tree National Park. Brian AshbyThe home was designed by film producer and current owner, Chris Hanley, and Frank Gehry-collaborator, architect Tomas Osinski. According to co-listing agent Matt Adamo, the highest price ever achieved for a home in Joshua Tree was $3.5 million. The Invisible House in Joshua Tree, California is a mirrored 22-story horizontal skyscraper. The rooftop of the Invisible House is equipped with an array of solar panels that supply the home with electricity, heat and hot water.

☆ Trading playbook: Morgan Stanley on what worked during prior debt ceiling negotiations
▼ + stars: | 2023-05-16 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Morgan Stanley Research compiled data to examine sector performance before and after a debt ceiling negotiations in 1996, 2011 and 2013. The sector climbed 4% in the month that followed the last three debt ceiling negotiations on average. Tech added 8% and 11% three months and six months after previous debt ceiling negotiations, respectively. "Ultimately, prior comps are limited and do not provide a clear answer, in our opinion," Morgan Stanley equity strategist Michael Wilson said. Wilson highlighted the utilities sector as one of the better performers heading into debt ceiling negotiations, before a deal was yielded.

☆ A real estate investor with a $36,000 salary scaled to 2,400 rental units after buying 2 run-down, single-family homes with a partner. He shares his top 5 tips for getting started with little cash.
▼ + stars: | 2023-05-14 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

They used this process multiple times until they scaled into multi-family properties. Over the years, he took a light interest in real estate after reading Robert Kiyosaki's "Rich Dad Poor Dad." In May 2003, he came across a newspaper ad for two local single-family houses in Tulsa, Oklahoma. Of those units, 20 were single-family homes and 2,403 were within multi-family complexes, according to property records viewed by Insider. He has since sold most of his properties for profit but still owns three multi-family units that hold 471 rental units.

☆ These tech stocks have never been more compelling, Goldman Sachs says
▼ + stars: | 2023-05-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs named a slew of top tech picks as earnings season begins to wind down. CNBC Pro combed through top research from Goldman to find some of the firm's favorite tech stocks exiting earnings. "Specifically, in its Q1'23 earnings report, Bumble mgmt. ZoomInfo Goldman is betting on a big second half for ZoomInfo after its robust earnings report earlier this month. Bumble "Bumble reported a solid set of results as the company continues to execute against its four strategic pillars.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Walmart, Chevron, Lumentum, Rivian & more
▼ + stars: | 2023-05-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Barclays initiates 10X Genomics as overweight Barclays said in its initiation of the gene sequencing biotech company that it has margin expansion opportunities for 10X. Barclays reiterates Apple as equal weight Barclays said in its analysis of Apple TV+ that "incremental content spend could take some cash away from buybacks." Goldman Sachs reiterates Chevron as neutral Goldman said it's waiting for an "upstream inflection" before getting positive on Chevron shares. Bank of America reiterates Virgin Galactic as underperform Bank of America said it still sees too much uncertainty for the spaceflight company. Bank of America reiterates Rivian as buy Bank of America saidit's standing by shares of the electric vehicle company after its earnings report on Tuesday.

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Berkshire Hathaway, Coinbase, Disney & more
▼ + stars: | 2023-05-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: Deutsche Bank reiterates Apple as buy Deutsche said it's standing by its buy rating on the stock after reviewing Apple's quarterly 10-Q filing. JPMorgan upgrades American to overweight from neutral and downgrades Southwest to neutral from overweight. JPMorgan initiates Alcoa as overweight JPMorgan said in its initiation of Alcoa that it sees a "favorable aluminum metal pricing environment in the coming years." Bank of America upgrades Fortinet to buy from neutral Bank of America said the cybersecurity company has solid fundamentals. JPMorgan upgrades Scotts Miracle-Gro to overweight from neutral JPMorgan said the fertilizer company is a "reasonable investment."

☆ We're making five price target changes and one rating upgrade after a crazy week of earnings
▼ + stars: | 2023-05-07 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

AAPL YTD mountain Apple YTD performance Apple (AAPL): We're raising our price target to $185 per share from $175 in response to the strong quarter Thursday evening. LLY YTD mountain Eli Lilly YTD performance Eli Lilly (LLY): We're increasing our price target on Eli Lilly again, this time to $460 per share from $430. Our new price target is in reaction to the positive Alzheimer's drug trial data that was much better than what we expected. HAL YTD mountain Halliburton YTD performance Halliburton (HAL): We are lowering our price target on this North American-focused oil services giant to $40 per share from $48. SBUX YTD mountain Starbucks YTD performance Starbucks (SBUX): We're bumping up our price target to $125 per share from $120 and upgrading our rating to a 1 following the stock's pullback in reaction to the recent earnings result .

☆ Here are Thursday's biggest analyst calls: Apple, Western Alliance, Berkshire Hathaway, Wix & more
▼ + stars: | 2023-05-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

"We are initiating coverage of ZI with a BUY rating and a $30 target as a rare value investment within software. Citi upgrades Deutsche Bank to buy from neutral Citi said the global investment bank is at an "attractive entry point." " Deutsche Bank is one of the most de-rated banks YTD, yet the 1Q23 results demonstrated potential for further consensus earnings upgrades." Rosenblatt reiterates Apple as buy Rosenblatt said it's standing by its buy rating heading into earnings on Thursday after the bell. " CFRA reiterates Berkshire Hathaway as hold CFRA said it's standing by its "fairly valued" hold rating heading into Berkshire earnings on Saturday.

☆ Top cloud providers Amazon, Microsoft and Google face ongoing spending cuts by clients
▼ + stars: | 2023-04-30 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

The result is slowing revenue growth at the cloud divisions run by Amazon , Microsoft and Google . AWS saw deceleration in the third and fourth quarters, and last quarter Microsoft finance chief Amy Hood spooked analysts with comments about a slowdown in December that she expected to persist. Amazon CEO Andy Jassy said "what we're seeing is enterprises continuing to be cautious in their spending in this uncertain time." At Google, cloud growth slowed to 28% from a year earlier in the first quarter from 32% in the prior period. WATCH: Ongoing deceleration in IT spending not reflected in tech earnings

☆ Restaurants are expected to post strong earnings, but signs of trouble ahead could emerge
▼ + stars: | 2023-04-23 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

As restaurants prepare to present their first-quarter earnings, investors are anticipating strong results. When restaurants released their fourth-quarter reports in February, many touted impressive sales growth in January. Starting in the second quarter, restaurants will face comparisons to last year's sales bump driven by double-digit price increases, so they'll have to depend on higher traffic to drive sales growth. The relatively high valuations for restaurant stocks bring a downside for the industry, McCarthy said. Morgan Stanley's Harbour wrote that stocks could fall even on solid results "if the path forward is less clear."

☆ Here are Friday's biggest analyst calls: Amazon, Tesla, CVS, Microsoft, XPO, AT&T, Spotify & more
▼ + stars: | 2023-04-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Bank of America reiterates Alphabet as buy Bank of America says it's bullish heading into Alphabet earnings next week. JPMorgan reiterates Amazon as a best idea JPMorgan says it's bullish heading into the e-commerce giant's earnings report next week. "We continue to see streaming music & audio as an attractive growth market and remain OW WMG and SPOT." Stephens initiates SentinelOne as overweight Stephens initiated the cyber security company with an overweight and says it has "best-in-class growth." JPMorgan reiterates Charles Schwab as overweight JPMorgan says Charles Schwab could be worth more if it were to "de-bank."

☆ P&G stock gets the respect it deserves after delivering a great quarter and outlook
▼ + stars: | 2023-04-21 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Club holding Procter & Gamble (PG) reported fiscal third-quarter results that were better than expectations before the opening bell Friday. The fact that volumes were only down 3%, despite a 10% price increase, is a testament to Procter & Gamble's strong pricing power. This new target comes as management now expects all-in (non-organic) sales growth to be up 1%, an increase from the down 1% to flat range previously provided. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

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