Wall Street analysts bullish on META, NVDA and FSLR

Wall Street analysts bullish on META, NVDA and FSLR

Here are Thursday’s most important calls on Wall Street: JMP downgrades Peloton to market performance from outperformance JMP downgraded the stock primarily on valuation. “We are downgrading our rating on Peloton shares from Market Outperform to Market Perform as Peloton hit our previous price target of $16 while we leave our estimates for fiscal 2024 … Read more

Deutsche Bank smashes fourth-quarter profit forecast as rising interest rates bolster revenue

Deutsche Bank smashes fourth-quarter profit forecast as rising interest rates bolster revenue

A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany September 30, 2016. Kai Pfaffenbach | Reuters German Bank Thursday reported its 10th consecutive quarter of earnings, supported by higher interest rates and favorable market conditions. Deutsche Bank announced net profit attributable to shareholders of 1.8 billion euros ($1.98 billion) … Read more

Adani cancels $2.5 billion stock sale as regulatory concerns mount

Adani cancels .5 billion stock sale as regulatory concerns mount

Signage of Adani Group is pictured outside Mumbai Chatrapati Shivaji International Airport in Mumbai on July 28, 2021. (Photo by Indranil MUKHERJEE / AFP) (Photo by INDRANIL MUKHERJEE/AFP via Getty Images) Indranil Mukherjee AFP | Getty Images On Wednesday, Gautam Adani announced that he was abandoning the sale of $2.5 billion in shares of his … Read more

Morgan Stanley Sees That Gene Therapy Stock Double From Here

Morgan Stanley Sees That Gene Therapy Stock Double From Here

Rocket Pharmaceuticals could soar as a trial with blockbuster potential enters a pivotal phase, according to Morgan Stanley. Analyst Michael Ulz launched the stock overweight with a price target of $45. This target price implies that the stock will rise 107.1% from Tuesday’s close. Ulz called Rocket a “leading gene therapy company” capable of finding … Read more

Central banks set to signal path of sliding interest rates in crucial week

Central banks set to signal path of sliding interest rates in crucial week

A screen displays the Fed’s rate announcement as a trader works on the floor of the New York Stock Exchange (NYSE), November 2, 2022. Brendan McDermid | Reuters The US Federal Reserve, European Central Bank and Bank of England are all expected to raise interest rates again this week as they make their first policy … Read more

Investors dangerously unaware of bear market’s impact on earnings

Investors dangerously unaware of bear market’s impact on earnings

Famous short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the street [since] 1980 [and] no bear market has ever traded above nine times to 14 times previous peak earnings,” the Chanos & Co. founder told CNBC’s “Fast Money” on Monday. His latest warning comes midway through the earnings season, … Read more

Charts suggest S&P 500 is approaching ‘decisive’ moment, Cramer says

Charts suggest S&P 500 is approaching ‘decisive’ moment, Cramer says

CNBC’s Jim Cramer said Monday that the benchmark S&P 500 could be at a pivotal moment this week. “The charts, as interpreted by Mark Sebastian, suggest that we are approaching a watershed moment here. If the S&P 500 can avoid a major decline this week, it feels optimistic about the future – on the other … Read more

Stock futures fall slightly ahead of busy earnings week, Fed meeting

Stock futures fall slightly ahead of busy earnings week, Fed meeting

Stock futures were slightly lower Sunday night as investors braced for a week of key corporate earnings and a possible Federal Reserve interest rate hike. Futures contracts linked to the Dow Jones Industrial Average slipped 56 points, or about 0.2%. S&P 500 futures fell 0.2% and Nasdaq 100 futures fell slightly 0.2%. Wall Street is … Read more

Bank of America likes stocks like SolarEdge and Fox ahead of earnings

Bank of America likes stocks like SolarEdge and Fox ahead of earnings

There are still plenty of opportunities to buy stocks as earnings reports continue to roll out, analysts at Bank of America say. The company recommends a slew of companies investors should own ahead of the company’s quarterly results. CNBC Pro combed through recent Bank of America research to find the most attractive stocks that are … Read more

Charts suggest investors should bet on Dow Jones Industrial Average ‘workhorses’, says Jim Cramer

Charts suggest investors should bet on Dow Jones Industrial Average ‘workhorses’, says Jim Cramer

On Friday, CNBC’s Jim Cramer told investors to avoid Nasdaq Composite stocks and place their bets on names listed in the Dow Jones Industrial Average. “Even though tech started the new year well and it was crazy today, the rankings, as interpreted by Larry Williams, say be a little wary of the Nasdaq show horses … Read more