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Dow Jones, Nasdaq, S&P 500 weekly preview: Stocks rally likely over - analysts

Go back to Dow Jones, Nasdaq, S&P 500 weekly preview: Stocks rally likely over - analysts

RBC Capital on Uber Inc. (UBER): 'Cleanest report since going public'

February 8, 2023 1:11 PM EST

RBC Capital analyst Brad Erickson reiterated an Outperform rating and $46.00 price target on Uber Inc. (NYSE: UBER).

The analyst comments "UBER's Q4 report was unprecedentedly clean though it was against elevated expectations where UBER is one of the more loved names in internet... More

Uber outperforming the overall constructive environment - Needham & Company

February 6, 2023 2:21 PM EST

Needham & Company analyst Bernie McTernan said in a research note Monday that Uber (NYSE: UBER) is outperforming in the overall constructive environment.

The analyst, who has a Buy rating and a $54 price target on the stock, explained that the firm sees the... More

The golden cross could provide a bullish signal, usually shines when associated with recessions - BofA

February 6, 2023 9:01 AM EST

In a research note last Friday, BofA's Stephen Suttmeier said that the "golden cross" could provide a bullish signal for US equities.

A "golden cross" is a bullish technical signal that occurs when the 50-day moving average (MA) moves above the 200-day MA.

"On 2/2/2023, the S&P 500 (SPX) triggered its 49th golden cross since 1928. SPX returns after a golden cross are the... More

Morgan Stanley trims PayPal (PYPL) on conservative eComm view

February 6, 2023 7:55 AM EST

Morgan Stanley reiterated an Overweight rating on PayPal (NASDAQ: PYPL) and cut their price target for the online payment company to $133.00 (from $136.00) after trimming estimates ahead of 4Q22 earnings results. PYPL is expected to release 4Q results on Thursday February... More

Morgan Stanley believes Disney (DIS) can deliver growth

February 6, 2023 7:38 AM EST

Morgan Stanley reiterated an Overweight rating and $115.00 price target on Disney (NASDAQ: DIS) ahead of the mass media companys 1Q23 earnings report. Analyst, Benjamin Swinburne remains optimistic that Disney's Parks segment, which represents the majority of its earnings, can deliver healthy growth in... More