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'Perfect Storm is Here': Barclays Cuts Price Targets on US Internet Stocks

Go back to 'Perfect Storm is Here': Barclays Cuts Price Targets on US Internet Stocks

Loop Capital Says Buy Weakness in Snap Shares, Sees 10x Returns Over Next 10 Years

July 6, 2022 9:04 AM EDT

Loop Capital analyst Rob Sanderson maintained a Buy rating and a $26 per share price target on Snap (NYSE: SNAP) shares.

The analyst took note of the extreme selloff in Snap shares as they trade like the bull case is broken. However, Sanderson sees potential for Snap shares to rally... More

Meta (META) is 'Top Recession Stock' - BofA Securities Bullish on Facebook's Parent Despite Recent Weakness

July 5, 2022 8:52 AM EDT

BofA Securities analyst Justin Post reiterates a Buy rating on Meta Platforms (NASDAQ: META) and calls the company a top recession stock in the internet group", voicing strong support for the shares of the troubled social media giant.

In his most recent note on the company, the analyst highlights several key factors that make Facebook, Instagram, and... More

These Stocks Could Outperform in Second Half of 2022 - Morgan Stanley's Wilson

July 5, 2022 7:18 AM EDT

Morgan Stanleys top equity strategist Michael Wilson has once again warned investors that the economic slowdown is worse than previously expected.

The strategist reiterated his view that the bear market wont be completed until earnings estimates are cut to more reasonable levels. There has been some progress on this front in recent weeks as the... More

Here is Bank of America's List of Top 10 US Stocks for Q3

July 1, 2022 8:55 AM EDT

Bank of America strategist Anthony Cassamassino listed 10 high-conviction stocks for the third quarter that started today.

The list consists of 9 long and 1 short idea and includes some of our fundamental equity analysts highest conviction ideas for the 3rd quarter.

The list also reflects BofAs near-term strategy for U.S. equities with its Chief Investment Strategist, Michael Hartnett,... More