Welcome to Extreme Investor Network, where we provide you with valuable insights and updates on the world of investing. Today, we bring you the latest analyst calls and Wall Street chatter that you need to know about.
First up, let’s talk about Apple. Raymond James has raised its price target on Apple to $250, indicating a 15% upside potential from Thursday’s close. Analyst Srini Pajjuri is bullish on Apple ahead of earnings, calling it a “more stable AI play for volatile times.” With upcoming AI features driving a multi-year iPhone upgrade cycle, Apple remains an attractive investment option.
In the food delivery sector, DoorDash is making waves. Redburn Atlantic has initiated coverage on DoorDash with a buy rating and a price target of $170, implying a 68% upside from Thursday’s close. Analyst James Cordwell believes that DoorDash is a stand-out name in the industry and is pursuing the right strategy for future growth.
Moving on to Harley-Davidson, Bank of America is reiterating its buy call on the company after strong second quarter earnings. Analyst Alexander Perry expects inventory levels to decline and stable retail trends to continue, particularly in the U.S. With a $50 price target on shares, there is a 37% upside potential from Thursday’s close.
On the flip side, Morgan Stanley is losing confidence in WW International, the parent company of Weight Watchers. Analyst Nathan Feather downgraded shares to equal weight from overweight, citing long-term headwinds on WW’s core business. With concerns about the company’s liquidity profile, shares have plunged nearly 85% in 2021.
At Extreme Investor Network, we strive to provide you with unique and valuable information to help you make informed investment decisions. Stay tuned for more updates and insights on the exciting world of investing.