Wall Street
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Business
Berenberg downgrades FedEx, cuts price target due to rising inflation risks
According to Berenberg, FedEx stock is a “tell me story” until the company proves it can execute its turn-around strategy.…
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Business
Jefferies sees ‘hot entry’ for Snowflake, upgrades stock and predicts 35% rally
Snowflake’s stock is a ‘high-quality growth’ story for investors with a gain of more than 30% from here, according to…
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Business
Morgan Stanley’s Wilson says this is a pullback and lower lows are ahead
The market could move higher in the next few weeks, but Morgan Stanley’s Mike Wilson warned investors that any rally…
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Business
Bank of America and Citigroup flagged by rival JPMorgan for potentially losing money on risky lending contracts
Outflows and tightening conditions in a key corner of the credit market have cost big banks about $2 billion, according…
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Business
Top chart analyst says no bottom in sight as Dow dips below 30,000
According to Katie Stockton, founder and managing partner of Fairlead Strategies, investors should not buy even if they feel that…
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Business
Boeing is a high-risk buying opportunity that could grow more than 50% from here, Citi says
Shares of Boeing could rise 56% from here if the company’s three commercial jet programs maintain expected returns – despite…
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Business
How dollar stores can act as anti-inflation roles for investors
Dollar stores can operate as inflation rises for investors as shoppers try to stretch their budgets. Ahead of their recent…
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Business
Buy fertilizer stocks based on post-2023 supply outlook, says Barclays
According to Barclays, fertilizer stocks and agricultural supplies will continue to be fueled by supply challenges that persist beyond 2023.…
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Business
Bank of America calls Nvidia a top pick as chip valuations become more attractive
According to Bank of America, the case to buy Nvidia is even more compelling. Analyst Vivek Arya, who called Nvidia…
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Business
Citigroup downgrades US stocks, says to be on the defensive as ‘bubble deflated’
It’s time to get on the defensive for US stocks amid “significantly” rising recession risks, according to Citigroup. The global…
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