Here are Friday's biggest calls on Wall Street: Bank of America reiterates Broadcom as buy Bank of America raised its price target on the stock to $950 per share from $800 after Broadcom's earnings report on Thursday.
"Our new PO of $950 (from $800) represents 21x CY24E EV/FCF as AI accelerates company growth potential.
Bank of America reiterates Five Below as buy Bank of America said the discount retailer has "recession resilience."
Bank of America upgrades Surgery Partners to buy from neutral Bank of America said the health care company has " favorable long-term tailwinds."
Bank of America reiterates Lululemon as buy Bank of America said Lululemon is a "best-in-class growth story."
Persons:
it's, Riley FBR, Riley, Piper Sandler downgrades, Piper, Morgan Stanley, Apple, it's bullish, Wells, Stifel, Goldman Sachs, Goldman, 100bps, Frank Klein, Tim Fallon, Tim Bei, Derek Mulvey, RIVN, Lululemon
Organizations:
Bank of America, Broadcom, Warner Music, JPMorgan, Energy, Surgery Partners, of America, Partners, Amazon, Microsoft, ISI, Barclays, Strategic Finance, Citi, Frontier Citi, LaGuardia, Spirit Airlines, Watch
Locations:
Valvoline, Biopharma, Agriculture, Normal , IL