Investing Tips: Analyst Calls and Wall Street Chatter
At Extreme Investor Network, we strive to provide you with unique and valuable insights into the world of investing. Today, we bring you the latest analyst calls and Wall Street chatter to help you make informed investment decisions.
Morgan Stanley recently upgraded Fiserv to overweight, citing future earnings growth potential. This financial technology stock has been performing well, with a 17% rally in 2024. Analyst James Faucette sees strong merchant growth and consistent earnings outperformance for Fiserv, driven by assets like Clover. With a price target of $175, there is a potential 12% upside for Fiserv shares.
On the other hand, Raymond James double-downgraded Estee Lauder due to a delayed recovery outlook. Analyst Olivia Tong highlighted weakening demand in the Chinese marketplace as a major concern. Competition and potential profit recovery risks also weigh on Estee Lauder’s stock performance.
Meanwhile, Morgan Stanley downgraded Fidelity National Information Services to equal weight, citing a lack of upcoming catalysts. Analyst James Faucette believes that most of the expected price upside has already been priced in for the financial technology stock.
Piper Sandler, on the other hand, lifted Nvidia’s price target ahead of its next earnings report, expecting a rebound in the stock. Analyst Harsh Kumar sees strong business trends and demand drivers propelling Nvidia’s stock higher in the future.
In a surprising move, Guggenheim downgraded CrowdStrike to neutral following a global outage. Analyst John DiFucci expressed concerns about the fallout from the incident affecting deal signings for the cybersecurity stock.
Lastly, Wells Fargo raised its price target on Apple to $275, reiterating an overweight rating on the stock. Analyst Aaron Rakers is bullish on Apple ahead of earnings, expecting a significant upgrade cycle driven by the iOS 18 release.
At Extreme Investor Network, we provide you with the latest insights and analysis to help you navigate the ever-changing world of investing. Stay tuned for more updates and expert advice on how to maximize your investment portfolio.