New for subscribers: Here are Friday's biggest analyst calls of the day: Disney, Dollar General, Uber, Royal Caribbean & more Check out CNBCPro and get your first 30 days free.
BMO named Disney a top pick and said it would use any weakness from the coronavirus as a buying opportunity., there is no change to our long-term view owing to the virus , and we believe the stock is increasingly baking in more challenges already. We would use any near-term weakness related to COVID-19 virus as an opportunity to build long-term positions, or for those that missed the initial move post the April DTC Investor Day, to initiate ones.
"Wells Fargo lowered its price target onThere's earnings issues but balance sheet strength. We're reducing large bank ests. by about 10% given the impact of interest rates, including a lower 10 year treasury and 2 assumed Fed rate cuts ; capital markets, including less activity , lower equity values, and more risk-off; and less growth; partially mitigated by better mortgage and possible re-intermediation to lending markets from capital markets.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Iran coronavirus death toll reaches 26, many Friday prayers canceledIran said on Thursday its death toll from coronavirus had risen to 26, by far th...
Read more »
Iran cancels Friday prayers in areas affected by the coronavirusParts of Iran affected by the novel coronavirus have cancelled Friday prayers, a decision made only in exceptional circumstances
Read more »
Disney CEO Bob Iger steps down – here's what to watch nowLongtime Disney CEO Bob Iger has stepped down from his role, effective immediately. Here's what three analysts say about the move.
Read more »