BofA Global Research is the latest brokerage in review your Fed rate cut forecast until much later, citing high inflation due to high energy prices and the growing strength of the labor market. BofA Global Research now expects the Federal Reserve to remain on hold for the rest of this year, with two quarter-point cuts…
The most talked-about and market-moving market research calls on Wall Street are now in one place. Here are today’s research calls that investors should know about, compiled by The Fly. Top 5 updates: Argos updated chipotle (CMG) to buy from hold with a $40 price target. The firm believes the company’s cautious guidance will likely…
McKesson Corporation (NYSE:MCK) is included among the The 15 Best Consistent Dividend Stocks to Buy Right Now. BofA lowers McKesson (MCK) price target, signals pressure on LPG-1 prices On April 6, BofA analyst Allen Lutz downgraded the company’s price recommendation on McKesson Corporation (NYSE:MCK) to $1,000 from $1,040. He reiterated his Buy rating on the…
BofA says today’s announcement that Novo Nordisk (NVO) plans to reduce list prices for the LPG-1 is an eye-catching headline, but the update is unlikely to have any material impact on the US market in the company’s view. BofA views today’s action as an attempt to reduce copay/coinsurance costs for patients in settings where that…
Turkcell Iletisim Hizmetleri AS (NYSE:TKC) is among the The best undervalued European stocks to buy now.. On January 12, BofA Securities cut the price target on Turkcell Iletisim Hizmetleri AS (NYSE:TKC) to TRY 126.40, while maintaining a Buy rating on the telecom company. The company expects Turkcell’s revenue to increase approximately 7% excluding inflation in…
Westlake Corporation (NYSE:WLK) is included among the 14 Best Aristocrat Mid-Cap Dividend Stocks to Buy Now. BofA maintains purchase of Westlake (WLK) but warns of another year of commodity oversupply On January 8, BofA analyst Matthew DeYoe slightly lowered his price target on Westlake Corporation (NYSE:WLK) to $82 from $83, while maintaining a Buy rating…
LyondellBasell Industries NV (NYSE:LYB) is included among the 13 Best Dividend Stocks Paying More Than 6%. LyondellBasell (LYB) Target Cuts at BofA as Chemicals Outlook Remains Cautious On January 8, BofA analyst Matthew DeYoe lowered the price target on LyondellBasell Industries NV (NYSE:LYB) to $46 from $52 and maintained a Neutral rating. BofA said the…
The JM Smucker Company (NYSE:SJM) is included among the 15 Best Blue Chip Stocks with Growing Dividends. BofA Sees Steady Earnings Momentum in JM Smucker (SJM) On November 26, BofA raised its price target for The JM Smucker Company (NYSE:SJM) to $120 from $118, while maintaining a Neutral rating. The update followed the company’s second-quarter…
AeroVironment, Inc. (NASDAQ:AVAV) is among the Top 8 Defense Stocks According to ChatGPT Advice. On October 23, BofA raised its price target on the stock to $450 from $300, while maintaining a Buy rating on its shares. Is AeroVironment, Inc. (AVAV) Among the Top 8 Defense Stocks According to ChatGPT Advice? The adjustment came after…
