Here are Friday's biggest calls on Wall Street.
Here are Friday's biggest calls on Wall Street: Needham upgrades RingCentral to buy from hold Needham said it sees growth stabilizing for the cloud company. "We upgrade RNG to Buy after nearly a year on the sidelines in response to surgical cost cuts and stabilized growth." Morgan Stanley reiterates American Express as overweight Morgan Stanley said American Express is a "platinum stock at an attractive entry point.
" Morgan Stanley upgrades Rio Tinto to overweight from equal weight Morgan Stanley said the metals and mining company has "best-in-class capital return prospects." "Demand concerns and falling iron ore prices have de-rated Rio Tinto PLC shares, presenting an opportunity to gain exposure to a business with high-quality assets, a growing Copper footprint, improving operating performance and best-in-class capital return prospects.
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