Author: Lending Agent
Here are the biggest calls on Wall Street on Monday: UBS reiterates Tesla as sell UBS lowered its price target on Tesla to $225 per share from $259. “We are lowering our 1Q25 delivery forecast to 367k from the 437k we plugged in as a placeholder post 4Q24 results.” Jefferies upgrades Airbnb to buy from hold Jefferies said it sees “durable growth” for the online vacation rental company. “We believe lodging share gains will be augmented by increased adoption of experiences, an opportunity ABNB is uniquely well positioned to capture.” Morgan Stanley reiterates Nvidia as overweight The firm said it…
Airbnb shares could rebound as the company accelerates its bookings growth and launches new products, according to Jefferies. Analyst John Colantuoni upgraded shares to buy from hold and increased his price target by $20 to $185, which suggests the stock can gain more than 37% from its latest close. This year, the stock is up 2.3%, outperforming the broader market and making a slight recovery from its 18.5% loss over the past 12 months as investors remain impressed by Airbnb’s stronger-than-expected fourth-quarter earnings . “ABNB’s attractive growth, impressive free cash flow generation, and large competitive moat justify a premium multiple,”…
(This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors focused on the possibility of a recession are looking at divided-focused investments and protection for inflation with “TIPS” bonds. Also former Fed Official Loretta Mester gives her view on Jerome Powell’s comments from Friday and how the central bank should respond to recession concerns. Pick: ProShares Dividend Aristocrats ETF (NOBL) Simeon Hyman of Proshares sees opportunities in the dividend focused ETF as market volatility continues to rattle investors. “While their prices have…
A Redfin sign in front of a home for sale in Atlanta, Georgia.Elijah Nouvelage | Bloomberg | Getty ImagesRocket Companies said on Monday it would acquire real estate listing platform Redfin in an all-stock deal valued at $1.75 billion, seeking to boost its lending business.Rocket’s $12.50 per share offer equates to a near 115% premium to Redfin’s Friday close. Redfin’s shares rose about 80%, while Rocket’s fell about 8% before the bell.Founded in 2004, Redfin operates a home search platform with more than 1 million for-sale and rental listings and a tech-powered brokerage of more than 2,200 agents.Rocket, whose flagship…
Truist Securities is taking a bite out of Cracker Barrel as the restaurant brand’s turnaround plan begins to take off. Analyst Jake Bartlett upgraded the company to buy from hold and increased his price target on shares by $4 to $55, which suggests 28.4% potential upside. “CBRL is still very early in its turnaround, but solid results in the last 2 quarters gives us confidence in a sustained improvement, which does not appear reflected in valuation,” Bartlett said in a note to clients. “You don’t have to believe in the full turnaround to see upside in the stock.” The stock…
Chinese tech companies raced to launch new products in a week that saw Beijing double down on its calls to support artificial intelligence. An obscure Chinese startup that goes by the name Monica on Wednesday announced an invite-only AI application called Manus that claims to streamline analysis of resumes and financial information using several models from companies such as OpenAI, DeepSeek and Anthropic. “The innovation is probably not as significant as DeepSeek,“ in our view, Nomura China technology analyst Bing Duan and a team wrote Thursday. “However, we believe this product is yet another example of China’s accelerated AI innovation.”…
The sell-off in popular U.S. stocks isn’t over yet, according to Barclays, which forecast that stocks such as Apple could take a huge hit in coming months. Amid the uncertainties across the market, one thing is certain: it’s now a stock picker’s world. President Donald Trump’s tariff policies and jobs data last week fueled concerns about inflation and a potentially softening economy, and led two major stock averages to see their worst weeks since September. The S & P 500 and Dow Jones Industrial Average each pulled back more than 2% last week, while the tech-heavy Nasdaq Composite shed more…
Heightened tensions around President Donald Trump’s tariffs have weighed on the market in recent days, but some stocks could provide investors safety amid persistent uncertainty, according to Piper Sandler. All three major averages closed the past week lower after Trump on Monday said that 25% tariffs would be imposed on goods from Canada and Mexico and that an additional 10% tariff on Chinese goods would go into effect. That sent stocks into a tailspin, with stocks seeing their worst week since September. “Unlike selloffs in recent years, where the transmission mechanism that would provide relief for the market’s primary issues…
There’s a slew of buy-rated stocks that are just too attractive to ignore, Goldman Sachs says. The firm said companies such as Walmart are well positioned to ride out the macro uncertainty. Other stocks include Cheesecake Factory , Smithfield Foods and Ducommun. Walmart Shares of Walmart have plenty of room to run, even as they are up more than 50% over the past 12 months. Analyst Kate McShane said she is sticking with the retail giant after its fiscal fourth-quarter earnings report . The company beat expectations on the top and bottom lines, but it offered disappointing guidance. McShane is…
With rising incomes and a willingness to spend, Generation Z could have a profound impact on the economy and the market. The cohort’s global income levels are expected to increase from $9 trillion in 2023 to $36 trillion around 2030 and $74 trillion by 2040 — the largest of all generations, Bank of America said in a January note. In addition, more than $84 trillion in assets is expected to be transferred to younger generations, including Gen Z, by 2045, according to Cerulli Associates . At the same time, Gen Z is expected to grow their spending power to an…