Here are the biggest calls on Wall Street on Thursday.
Here are the biggest calls on Wall Street on Thursday: Morgan Stanley reiterates Ferrari as overweight Morgan Stanley said shares of the luxury automaker are underappreciated. "For years, the pushback on RACE was its lofty valuation. Now that the stock trades near parity with Hermès , the stock's multiple is seen as more reasonable with the investor refrain: 'Ferrari's always been expensive and always will be.
" BTIG upgrades Upwork to buy from neutral BTIG said it sees "more good things to come" for the freelancing job platform company. "We are upgrading shares of UPWK to Buy from Neutral after a very constructive 1Q24 report." UBS downgrades CVS to neutral from buy UBS said it sees too much uncertainty for shares of CVS. The firm said Medicare Advantage is weighing on the stock. "Time is Needed to Know if the Guide is Fully De-Risked.
Tanger Factory Outlet Centers Inc Wolfspeed Inc Parsons Corp Upwork Inc Netflix Inc New York Community Bancorp Inc ETSY Inc NVIDIA Corp TJX Companies Inc Extreme Networks Inc Trade Desk Inc Tesla Inc Ziff Davis Inc Carvana Co MGM Resorts International CVS Health Corp Ferrari NV Ferrari NV Synchrony Financial Investment Strategy Breaking News: Markets Markets Breaking News: Investing Business News
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