recommendations - English Times

PC and Phone Demand Is Weakening. Analysts See Trouble for Parts Suppliers.

June 21, 2022 E T No Comments

Text size Several analysts issued downbeat research on memory-chip or disk-drive stocks. Dreamstime Concern that a slowdown in demand for smartphones and personal computers is hurting the outlook for memory chips and other components has triggered a flurry of cautious commentary from Wall Street. The issues affect the memory-chip manufacturers Micron Technologies (ticker: MU) and … Read More “PC and Phone Demand Is Weakening. Analysts See Trouble for Parts Suppliers.” »

Unity Stock Initiated at Sell. It Once Was a ‘Pandemic Darling.’

June 16, 2022 E T No Comments

Business News

Text size Hickey initiated coverage of Unity at a Sell rating with a $27 price target. David Paul Morris/Bloomberg Shares of Unity Software were falling in premarket Thursday after an analyst at Benchmark initiated coverage on the stock at Sell, saying that market conditions will shift investor interest elsewhere. Mike Hickey initiated coverage of Unity … Read More “Unity Stock Initiated at Sell. It Once Was a ‘Pandemic Darling.’” »

Boeing Gets an Upgrade. The Analyst Still Doesn’t Like the Stock.

June 16, 2022 E T No Comments

Business News

Text size A Boeing 737 Max. Dreamstime Boeing stock was upgraded to Buy on Thursday. But the shares were trending lower in premarket trading as the analyst also trimmed his price target and said he still preferred rival Airbus. Citi analyst Charles Armitage raised his rating on Boeing (ticker: BA ) to Buy from Neutral, … Read More “Boeing Gets an Upgrade. The Analyst Still Doesn’t Like the Stock.” »

Is It Safe to Buy Alibaba Stock Now? It’s Becoming Popular Among Bargain Hunters.

June 16, 2022 E T No Comments

Business News

Value managers are jumping into Alibaba’s stock, even as they acknowledge the risks. AFP via Getty Images Text size When discussions turn to China, one question that always pops up from U.S. investors: Is it safe yet to buy Alibaba Group Holding , the e-commerce juggernaut that has been battered over the past two years … Read More “Is It Safe to Buy Alibaba Stock Now? It’s Becoming Popular Among Bargain Hunters.” »

Alibaba Stock Is Popular Among Bargain Hunters

June 16, 2022 E T No Comments

Business News

Value managers are jumping into Alibaba’s stock, even as they acknowledge the risks. AFP via Getty Images Text size When discussions turn to China, one question that always pops up from U.S. investors: Is it safe yet to buy Alibaba Group Holding , the e-commerce juggernaut that has been battered over the past two years … Read More “Alibaba Stock Is Popular Among Bargain Hunters” »

Micron Technology Stock Slumps After Getting Downgraded Again

June 13, 2022 E T No Comments

Business News

Text size Micron was downgraded earlier this month by Piper Sandler. Dreamstime Micron Technology stock was sliding Monday after the memory chip provider got its second downgrade in less than two weeks despite being one of the cheapest stocks in the market. Summit Insights analyst Kinngai Chan lowered his rating to Hold from Buy on Micron’s … Read More “Micron Technology Stock Slumps After Getting Downgraded Again” »

Tesla Stock Is Raised to Outperform on EV Giant’s Long-Term Positioning

June 13, 2022 E T No Comments

Business News

Text size Uncredited Tesla was raised to Outperform from Sector Perform at RBC Capital Markets, with analysts saying the electric-vehicle giant’s “focus on supply chain and vertical integration will be a mid-term competitive advantage.” RBC lowered the price target on shares of Tesla (ticker: TSLA) to $1,100 from $1,175. Tesla shares were falling 2.8% in … Read More “Tesla Stock Is Raised to Outperform on EV Giant’s Long-Term Positioning” »

Dell Went Private Once Before. How It Could Happen Again.

June 10, 2022 E T No Comments

Business News

Text size Dreamstime Could Michael Dell take Dell Technologies private again? Bernstein hardware analyst Toni Sacconaghi wrote in a research note Thursday that investors have been asking him whether it might make sense for the PC company founder to take advantage of his company’s low market valuation and again retreat from the public market. Sacconaghi … Read More “Dell Went Private Once Before. How It Could Happen Again.” »

Altria Stock is downgraded by Morgan Stanley. Gas prices are partly to blame.

June 8, 2022 E T No Comments

Business News

Text size Analyst Pamela Kaufman lowered her price target to $ 50 from $ 54. Illustration by Joel Arbaje Altria Group the stock fell on Wednesday after Morgan Stanley warned of rising headwinds for the cigarette industry. Analyst Pamela Kaufman downgraded her rating of the cigarette company to Underweight from Equal Weight and lowered her … Read More “Altria Stock is downgraded by Morgan Stanley. Gas prices are partly to blame.” »

Intel Bear Case comes ‘Even earlier’ than expected. Analyst remains neutral.

June 8, 2022 E T No Comments

Business News

Text size Intel Dreamstime Shares of Intel fell on Wednesday when Citi said its bear case scenario “takes shape even earlier” than expected. Analyst Christopher Danely reiterated a neutral rating on the stock and now expects Intel (ticker: INTC ) to negatively pre-announce or miss second-quarter guidance, given management’s comments at a Bank of America … Read More “Intel Bear Case comes ‘Even earlier’ than expected. Analyst remains neutral.” »