Here are the biggest calls on Wall Street on Friday
Goldman Sachs sees intensifying competition for the beer marker throughout the rest of 2019.
Deutsche Bank downgraded STZ on valuation and said they see a more"balanced risk/reward" for the beer, wine, and spirits maker. "Our call is: valuation-driven, reflects a more cautious view on current semi demand data points going into 1Q19 earnings, coupled with Intel's tough comps thru 2019, driven by our belief that investor sentiment could become more tempered amid increasing visibility into AMD share gain momentum , and our analysis of Intel's increasing depreciation expense; GM% headwind. Shares of Intel are +19% YTD vs. SOX at +27% and S&P 500 +15% YTD; now trading at 7.
"We expect the next few weeks could be a bit more choppy than the last few weeks as the company will report earnings on April 24th and potentially need to make risk-mitigating production decisions . The next piece of good news for the stock is the acceptance of the proposed solution Boeing is offering to the MCAS reliability and safety, though we moved our expectation for the receipt of that until after 1Q earnings.
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.
Here are the biggest analyst calls of the day: Caterpillar, AMD, Intel, Dunkin' Brands & moreHere are the biggest calls on Wall Street on Wednesday
Read more »
Welcome From Intel To A Special Exploration Of AI: Issue 5An ethical approach will be critical to creating AI that functions as a tool for humans—a creative force that’s attuned to our needs and resists misuse. This issue of Forbes AI delves into how we can use this tech to create a tomorrow that’s more equitable and accessible for all.
Read more »
Stocks making the biggest moves premarket: Tesla, Viacom, Intel, J&J, Amazon & moreSome of the names on the move ahead of the open.
Read more »
Intel downgraded by Wells Fargo on weak 2019 demand and increased AMD competitionWells Fargo lowered its rating of Intel shares to market perform from outperform on Friday, citing weakening 2019 demand coupled with rising competition from Advanced Micro Devices.
Read more »
Intel launches a new line of processors to go after a $300 billion marketIntel's newest Xeon Scalable processors are faster and more data centric than ever before, the company says.
Read more »
Qualcomm finance chief to depart, likely for rival IntelQualcomm's Chief Financial Officer George Davis plans to depart the company and is likely heading to rival Intel, according to Qualcomm and a person familiar with the matter.
Read more »
Qualcomm finance chief departs for rival IntelQualcomm Inc's chief financial officer, George Davis, has left the company ...
Read more »