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Amazon Reiterated as Top Pick at Morgan Stanley, Credit Suisse By Investing.com

© Reuters. By Senad Karaahmetovic Amazon (NASDAQ:) is due to report on its Q3 performance next week. Heading into the print, Credit Suisse analysts cut the price target to $159 from $170 per share. The lowered price target reflects decreased 2022/23 EPS estimates. “We expect 3Q22 results to provide another data point for Amazon’s entry …

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Telcom Stocks to Hold Up Well into Year-End, T-Mobile Remains the Top Pick at Morgan Stanley By Investing.com

© Reuters. By Sam Boughedda  Morgan Stanley analysts told investors in a note Thursday that telecommunications stocks may hold up well into year-end. The analysts explains in a research memo that investors are increasingly concerned that we are entering a recession, and typically, telecommunications stocks would benefit from a defensive rotation in such an environment. …

Telcom Stocks to Hold Up Well into Year-End, T-Mobile Remains the Top Pick at Morgan Stanley By Investing.com Read More »

Costco’s Value Proposition Unmatched, Stock Remains Top Pick

© Reuters. By Vlad Schepkov Shares of Costco (NASDAQ:) are trading over 3% lower in pre-market early on Friday, after the company’s most recent earnings report, posted late last night. The world’s third largest retailer Q4 EPS of $4.20, narrowly beating the analyst estimate of $4.15. Revenue for the quarter came in at $72.09 billion, …

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IRA Beneficiary FREYR Battery a Morgan Stanley Top Pick By Investing.com

© Reuters. By Sam Boughedda A Morgan Stanley analyst kept shares of FREYR Battery (NYSE:) at Overweight but increased the price target to $26 from $18, labeling it a Top Pick. The firm’s bull case is $60 per share. The analyst said the company is an Inflation Reduction Act beneficiary, and the last few months have …

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e.l.f. Beauty, Inc. Morgan Stanley’s Preferred SMID Cap Pick By Investing.com

© Reuters. By Sam Boughedda On Wednesday, Morgan Stanley raised the price target on shares of e.l.f. Beauty, Inc. (NYSE:) to $46 from $42, reiterating an Overweight rating. In addition, Morgan Stanley is raising topline/EPS estimates “even further above consensus” post U.S. scanner data strength. “ELF remains our preferred SMID cap pick with recent U.S. …

e.l.f. Beauty, Inc. Morgan Stanley’s Preferred SMID Cap Pick By Investing.com Read More »

Here’s Jefferies’ Top Pharma Pick: Target Price Revised, Pegs Upside of 16%

By Malvika Gurung Investing.com — Global brokerage Jefferies has raised the target price on the domestic pharmaceutical giant Cipla (NS:) and pegs the stock as its most preferred bet in the Indian pharma generics. It has a Buy call on the pharma stock and the target price has been revised from Rs 1,144 apiece to Rs …

Here’s Jefferies’ Top Pharma Pick: Target Price Revised, Pegs Upside of 16% Read More »

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