Page 106 - Street Notes News Today

Bank of America analyst Andrew Obin said Democratic control of Congress might mean more environmental liabilities for the industrial conglomerate.

If the Federal Reserve buys fewer bonds, their prices would be pressured and their rates would likely rise—and higher interest rates pressure stock valuations.

In a note out Friday morning, Citi analyst Mohit Bansal says that weakness makes it a good time to buy.

MKM Partners analyst Bill Kirk raised his rating on the stock to Neutral from Sell. His target for the price is still below the shares’ current level.

Moderna. Getting the shots distributed is turning into a feat, too. Managing that distribution for the government’s Operation Warp Speed program is McKesson (ticker: MCK), and its role has helped lift its stock 22% this year, to $170, compared with the 14% gain of the Morgan Stanley’s Ricky Goldwasser figures that the Moderna (MRNA) shots alone could be worth as much as $1 billion to McKesson’s 2021 revenue and $1 a share to its earnings. In a Thursday note, she updates her foreca...

Dreamstime FuboTV stock has taken investors on a wild ride this year, surging more than 400% to $62 a share. One analyst thinks it is about to end very badly. Rich Greenfield and his team at Lightshed Partners initiated coverage of FuboTV (ticker: FUBO) Wednesday with a Sell rating and $8 target for the stock price, calling it the “most compelling short” he has ever encountered. “We understand the broader market dynamics at play with ‘cheap money’ and an exuberant ...

Reports that Apple wants to introduce a self-driving electric vehicle to the marketplace by 2024 is making waves. Wall Street is busy speculating about what such a move could mean for the industry.