Here are Wednesday’s biggest calls on Wall Street.
JPMorgan upgrades this restaurant chain, seeing stronger global unit growth and cash flow
Several catalysts, including a new CEO and strong international sales, could boost Yum Brands in the future.
Coinbase is the ‘most misunderstood’ crypto stock and can rally nearly 50%, Bernstein says
Bernstein called Coinbase the stock analysts are most underappreciating in its crypto coverage universe.
Wells Fargo hikes Microsoft price target, says AI business could reach $100 billion in revenue
It’s still early days for Microsoft’s artificial intelligence business, according to Wells Fargo.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 rose 1.1% on Tuesday and is now less than 1% off its record high. A second day of falling oil prices lifted stocks. What CNBC is watching Wednesday.
Oil’s wild moves created historic trading in this ETF, and a warning for retail investors
A popular oil fund has suffered a steep decline this week as traders react to the latest developments with Iran.
Now is the time to nab solid yields in these tax-free bonds. Here’s why
Municipal bonds still have solid payouts, but the window may be closing.
Josh Brown reveals largest stock position personally, expects benefit from autonomous boom
He said this play is poised to benefit from robotaxi rollouts as the technology experience eliminates the most costly part of the operation — the human driver.
Goldman says size of Tesla’s move Monday on robotaxi launch doesn’t make sense, stays neutral
Goldman Sachs’ $285 price target on shares of Tesla implies potential 18% downside from current levels.
Investors are not ‘bullish enough’ on the stock market rally, HSBC strategist says
Max Kettner, chief multi-asset strategist at HSBC, said he thinks investors are currently overestimating the risks and underestimating the potential upside.