The bank initiated coverage on the stock in a Wednesday note that also said its acquisition of MotoGP and asset-light nature will boost the company’s shares.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The Dow fell almost 630 points as oil prices rose on Tuesday. Tune in to CNBC Wednesday as David Faber speaks to key leaders at Goldman Sachs’s big conference.
These dividend stocks could catch a tailwind from data center pushback
The backlash against artificial intelligence data centers could prove a tailwind for real estate investment trusts in the sector.
Memory stocks are pressing their summer highs. Where the charts show them going
Todd Gordon looks through the charts on the DRAM ETF as well as the broader tech sector.
Two chips stocks may signal the path forward for the market, says NYSE insider Jay Woods
The Freedom Capital Markets chief market strategist is watching Nvidia and Broadcom to see where the S&P 500 could go next.
Two optical stocks are gaining momentum following corrections. Katie Stockton says watch these levels
The founder of Fairlead Strategies sees breakouts in the two names.
OpenAI is spurring an under-the-radar run in Softbank as well as chip stocks
OpenAI’s new LLM is inciting enthusiasm, and spilling over to the company’s customers and suppliers.
RBC says this fast casual stock down 50% from its highs is set to rise
The bank initiated coverage of Shake Shack with an outperform rating, with a belief that the stock is at an inflection point.
SpaceX is a buy as the rocket company can solve one major bottleneck, says Pivotal Research
The research firm initiated coverage on the stock with a buy, believing that the company will find a way to reuse its Starship launch vehicles.
Earnings upside for this defense giant isn’t being appreciated by investors, says UBS
The bank upgraded Lockheed Martin to buy from neutral.