U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.88%

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McDonald's (MCD) Franchise Checks Point to Sales Strength - BTIG

September 30, 2022 1:00 PM EDT

In a note to clients Friday, BTIG analyst Peter Saleh provided positive commentary on McDonald's (NYSE: MCD) shares.

The analyst, who has a Buy rating and $280 price target on the stock, told investors franchise checks point to sales strength, not weakness, while reduced... More

Walt Disney (DIS) Underlying Trends Remain Solid Despite Macro Volatility - BofA

September 30, 2022 10:35 AM EDT

Walt Disney's (NYSE: DIS) theme park attendance is expected to be strong in FY4Q, although there will be some impact from inflation and a brief park closure in Florida related to Hurricane Ian, according to BofA on Friday.

Analyst Jessica Reif Ehrlich, who has a Buy... More

VF Corp. (VFC) PT Lowered to $36 at Cowen

September 30, 2022 8:27 AM EDT

Cowen analyst John Kernan lowered the price target on VF Corp. (NYSE: VFC) to $36.00 (from $50.00) while maintaining a Market Perform rating.

The analyst commented, "Divided yield is now 6% - and while we remain Market Perform, the stock's downside should be contained... More

BofA Says Sluggish iPhone Demand Has Wide Implications for Chip Vendors

September 29, 2022 10:07 AM EDT

In a note Thursday, BofA analyst Vivek Arya said sluggish iPhone demand has broad implications for chipmakers, although they are modest.

The analyst was speaking following reports Wednesday that tech giant Apple (NASDAQ: AAPL) was ditching plans to boost production of its... More