US Top Rating Updates on 10/6: VZ, PINS, CRWD, NDAQ and More
Opco Upgrades Verizon, Says 'Price Is Right' After Years of Underperformance
Oppenheimer analyst Timothy Horan upgraded $Verizon(VZ.US$ to Outperform from Perform with a $50 price target. The analyst expects "gradual stabilization-to-growth" of the company's subscriber base but admits its near-term trends "could remain volatile." Verizon should see "strong" free cash flow growth of 15% per year as it has passed peak investment and leverage, Horan tells investors in a research note.
Pinterest Upgraded to Buy at Goldman Sachs Amid Improved User Growth Trends
Goldman Sachs analyst Eric Sheridan upgraded $Pinterest(PINS.US$ to Buy from Neutral with a price target of $31, up from $24. Although digital advertising landscape remains mired in "uncertain times", he is turning more positive on improved user growth and engagement trends for the company over the short and medium term, the analyst tells investors in a research note.
Take-Two Upgraded to Buy From Neutral at Goldman Sachs
Goldman Sachs analyst Eric Sheridan upgraded $Take-Two Interactive Software(TTWO.US$ to Buy from Neutral with a price target of $165, up from $131. The gaming industry continues to face a number of short term fundamental headwinds, but these headwinds are being increasingly priced into the stock, the analyst tells investors in a research note.
Source: Seeking Alpha, The Fly
Disclaimer: The content should not be relied on as advice or recommendation.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Giovanni Ayala :