Here are Wednesday’s biggest calls on Wall Street: RBC upgrades Estee Lauder$Estee Lauder (EL.US)$to outperform from sector perform RBC said it sees an attractive risk/reward. “We are upgrading EL shares to Outperform. At this point, we believe EPS and investor sentiment have troughed and believe the risk-to-reward profile skews favorable.” Morgan Stanley reiterates Tesla$Tesla (TSLA.US)$as overweight Morgan Sta...
No insider trading of Malibu Boats shares in the last quarter and low insider ownership is not encouraging. Insider selling at current prices is not a major concern, but not a good sign either.
Analysts' significant revenue and EPS estimate cuts suggest a pessimistic view of Malibu Boats. The company's revenues are projected to underperform the broader industry. The downgrade in this year's forecasts and a declining price target may deter investors.
Despite profit drop and sales decline warning, the company remains optimistic about returning to growth. It's recalibrating production to match demand due to high inventory levels and interest rate pressures.
Anderson's selling of shares around the current price of US$42.60 doesn't invoke significant worry, though it isn't an encouraging sign. The absence of insider buying within the last year paired with this sell-off advises a cautious outlook on the company's future.
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
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