Here are Wednesday's biggest calls on Wall Street.
Here are Wednesday's biggest calls on Wall Street: Wedbush reiterates Amazon as outperform Wedbush said Amazon earnings next week will be better than investors fear. "We think the company is broadly better positioned than investors fear, and we see catalysts ahead as retail margins continue to rise and AWS growth accelerates against easing comps." UBS reiterates Apple as neutral UBS said its survey checks show the wait time for Apple's iPhone Pro have shortened.
" Jefferies upgrades Elastic to buy from hold Jefferies said the Dutch software-as-a-service company is executing well. "We are upgrading shares of ESTC on two solid quarters of execution, revenue acceleration heading into FY25, and shares trading at a discount to publicly traded peers, and 1.5 turns below the SPLK takeout. Deutsche Bank reiterates Ulta as buy Deutsche said despite softening beauty sales, Ulta remains "compelling.
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