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Daniel Politzer - 1 Politzer - 1 Wells - 1 Adrien de Saint Hilaire - 1
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Wells Fargo U.S Friday's
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2 mentions found


☆ Wells Fargo upgrades Flutter Entertainment, says buy the dip on the FanDuel parent stock
  + stars: | 2024-10-14 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Investors should snatch up shares of Flutter Entertainment following a recent sell-off, according to Wells Fargo. Analyst Daniel Politzer upgraded shares of the online sports betting company to overweight from equal weight. The change comes after the stock sold off 8.8% on Friday following reports that the U.K. is weighing higher taxes on the gambling industry. Wells Fargo isn't the only firm turning more bullish on Flutter. "Despite similar-to-better business and financial characteristics, Flutter trades at a 35% discount to its "new peers", highlighting strong re-rating potential."
Persons: Daniel Politzer, Politzer, Wells, Adrien de Saint Hilaire Organizations: of America Locations: Wells Fargo, U.S, Friday's
☆ Goldman says dividend growth stocks will outperform under current conditions. 10 names it recommends
  + stars: | 2023-04-17 | by ( Sarah Min | ) www.cnbc.com   time to read: +4 min
Goldman Sachs says one income-focused strategy is off to a strong start this year, and will continue to outperform – dividend growth stocks. Going forward, dividend growth stocks will continue to beat buyback stocks, according to Goldman's chief U.S. equity strategist David Kostin. Fastenal shares are up 12% this year, and the industrial supplies company has a 2.6% dividend yield, FactSet data showed. Home Depot shares are down this year, but was a new addition to Goldman Sachs' dividend growth list. Lowe's is another dividend growth stock, with a 2.1% dividend yield, and Goldman seeing 30% annual compound dividend growth over 2022-2024.
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