Analyst Note

JPMorgan Research has upgraded its outlook for European mining equities, shifting more positive in February and then upgrading the outlook to Overweight in March. The research team cited a pattern of the sector outperforming through economic turbulences, believing a historical pattern could repeat...

Canadian cannabis giant Tilray Brands (NASDAQ:TLRY) reported its financial results Monday for the fourth quarter revealing revenue of $229.882 million, up by 25% year-over-year. The company's results came in above the consensus estimate of $227.07 million, according to data from Benzinga Pro. Net...

Goldman Sachs has increased its one-year price forecast for Nvidia Corp. (NASDAQ:NVDA) from $1,100 to $1,200. Analysts Toshiya Hari maintains a ‘Buy’ rating after the chipmaker reported remarkable earnings for the first quarter (Q1) of the year. Hari also highlighted that Nvidia’s...

Bank of America has downgraded six players in the Commercial Real Estate (CRE) mortgage REIT sector, citing interest rate headwinds and weakening fundamentals that spell a “rocky road ahead” for the industry. Eric Dray, CFA, a research analyst at Bank of America, conveyed in a note to...

Bank of America’s equity strategist Savita Subramanian on Sunday revised the year-end target for the S&P 500 to 5,400, up from the previous target of 5,000, signaling a modest 5% upside potential. Despite a more positive outlook, there’s an acknowledgment of the market’s...

Small-cap exchange-traded funds (ETFs) have witnessed their largest weekly inflows since Bank of America began tracking the data in 2017. According to a note shared Wednesday, this surge is predominantly fueled by retail investors, marking a significant shift in market dynamics. Over the past 23...

Morningstar reduced its price target for Tilray Brands, Inc. (NASDAQ:TLRY) from $3.30 to $3.10, on Wednesday, Feb 14, all while keeping its four-star rating intact, reported Green Market Report's Debra Borchardt. According to analyst Kristoffer Inton, three reasons contributed to the price decline...

Goldman Sachs’ equity research team has projected a bright near-term future for U.S. small-cap stocks. According to their analysis shared in a note to clients this week, the Russell 2000 small-cap index, as tracked by the iShares Russell 2000 ETF (NYSE:IWM) is set to witness a significant...

The pivotal economic event of the week is the release of the December inflation report, which holds crucial information for the Federal Reserve’s decision-making during its meetings in the first quarter of 2024. While no interest rate changes are expected at the Jan.31 meeting, traders have...

The fastest easing of financial conditions in history could leave markets offsides if the expected ideal economic scenario fails to materialize, Bank of America warned in a note released on Tuesday. The bank’s analysts observed that investors recently adopted a conflicting stance,...

The possibility of a soft landing for the U.S. economy is gaining traction, prompting an increased interest in U.S. banking stocks, as Bank of America revealed in a note to clients on Thursday. The group of Bank of America’s equity analysts, led by Ebrahim H. Poonawala, point out several key...

Apple Inc. (NASDAQ:AAPL) confirmed the cessation of sales for two of its watch models — the Apple Watch Series 9 and Apple Watch Ultra 2 — in the U.S. market. This decision came in response to a patent infringement ruling involving the medical technology company Masimo, which, at first glance,...

Goldman Sachs’ chief equity strategist, David Kostin, has revised the 2024’s year-end S&P 500 index target to 5100, marking a 7% increase from its current level, and up from the previous target of 4,700. The catalyst behind this bullish revision? A Federal Reserve that’s...

Investors are always on the lookout for untapped opportunities, especially in stocks that have been heavily discounted and now present promising opportunities for those prepared to wager on a recovery. As the new year looms, a seasoned strategy, known as the “Laggards” trade, is...

November's 8.9% surge in the S&P 500 Index snapped a three-month losing streak and may lead to a subdued December. November witnessed a remarkable rally in the stock markets, with the S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), surging 8.9%. This impressive gain...