Apple receives second major downgrade while Nike is predicted to rebound after back-to-back down years. Meanwhile, analysts offer varying takes on other stocks including Mattel, Allstate, PayPal, American Express, and Analog Devices.
Bank of America raises rating for Adecoargo, while Piper Sandler downgrades Albemarle. Bernstein raises price targets on mining stocks. UBS downgraded United Rentals. Raymond James downgrades Lululemon. Oppenheimer labels Domino’s Pizza a ‘must-own’ stock. Spotify layoffs result in raised estimates. Roth MKM upgrades Hyster-Yale. JPMorgan bullish on Brazilian financial disruptor XP. Piper Sandler downgrades Albemarle on lithium price declines. BofA upgrades Adecoagro.
A recent poll showed that most parents believe their children are performing at grade level, even though standardized tests suggest otherwise. Report cards may not reflect the full picture, leading to a lack of awareness among parents about their children’s academic progress.
Bank of America upgrades Generac to neutral, ESPN Bet launch provides potential boost, Guggenheim expects limited upside from Salesforce’s results.