Buy Oracle Stock Because Its Cloud Unit Shows More Promise, Says J.P. Morgan
Analyst Mark Murphy reiterated an Overweight rating on the stock, saying it is having more success in getting big customers for its cloud unit.
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Analyst Mark Murphy reiterated an Overweight rating on the stock, saying it is having more success in getting big customers for its cloud unit.
Coinbase faces incremental risks to operations from an SEC Wells Notice, analysts at TD Cowen said Friday, downgrading the stock to Underperform.
First Republic Bank rises sharply after shares of the regional lender lost nearly half their value and sank to a new low on Monday, Tesla's debt rating is upgraded to investment-grade status by Moody's, and Harley-Davidson receives an upgrade to Overweight from Equal Weight at Morgan Stanley.
Bitcoin is up almost 70% this year and could keep going, says one analyst—a trend that could push Coinbase stock back above levels not seen in 12 months.
The stock market could experience a correction soon. Prices already reflect a wallop of government spending and central-bank aid that can’t get much larger from here, Bank of America warns. Other market watchers are downbeat as well. The S&P 500 entered Friday up about 1% year to date, but ended the day with a loss of 0.7%, bringing the year-to-date move to 0.3%. Stocks were down even after President-elect Joe Biden said he wants to spend an additional $1.9 trillion to tide over consumers and businesses until normality returns. Meanwhile, valuations are high. The equity risk premiu...