Buy Spotify Stock, Analyst Says. A Consumer Survey Shows More Upside Ahead.
The service’s strong survey results might give the company the ability to raise prices in the future, an analyst says.
Source: barrons.com
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J.B. Hunt Is in a 'Freight Recession.' Analyst Says to Stick With the Stock.
The trucking and logistics giant delivered disappointing earnings on Monday. BofA Securities says the low point for profits will come at mid-year.
Source: barrons.com
Prometheus, Merck, Moderna, Charles Schwab, and More Stock Market Movers
Merck agrees to buy Prometheus Biosciences for about $10.8 billion, while Charles Schwab reports quarterly earnings on Monday, kicking off a busy week for corporate results.
Source: barrons.com
Challenging Markets Dim Outlook for Alternative Asset Managers: UBS Analysts
Analysts at UBS Securities lowered their price targets for shares of Blackstone and eight other alternative asset managers by average of 9%
Source: barrons.com
OPEC Production Cuts Are a 'Red Flag' for Oil Stocks, Analyst Says
Energy was the market’s best-performing sector in 2021 and 2022. But this year it has been third from the bottom.
Source: barrons.com