Intel Upgrades, Meta Platforms Downgrade: Top Calls on Wall Street

The Fly2022-10-28

Top 5 Upgrades:Barclays analyst Blayne Curtis upgraded Intel (INTC) to Equal Weight from Underweight with an unchanged price target of $30. The analyst sees a "bottom in sight" for the shares with PCs...

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Comments

vic78
2022-10-30
vic78
👍👍
Bull1973
2022-10-29
Bull1973
Ok
AdrianTan
2022-10-29
AdrianTan
nice
Cvt
2022-10-29
Cvt
Good
- Ag1718:
  👍🏻🍭
robot1234
2022-10-29
robot1234
Big Tech falters on dreary earnings and forecasts for Q4— Meta has worst week ever, Amazon tumbles 13%. Alphabet, Amazon, Meta and Microsoft combined lost over $350 billion in market cap this week. Forecasts were particularly gloomy for Meta and Amazon, as the economic slowdown punishes the former high flyers. In advertising, Amazon saw its business accelerate, while Facebook and Google are struggling. Other than Apple, it was a brutal earnings week for Big Tech. Third-quarter results this week came against the backdrop of soaring inflation, rising interest rates and a looming recession. Apple bucked the trend after beating expectations for revenue and profit. The stock on Friday had its best day in over two years. On the opposite end of the spectrum was Meta, which has seen its stock
- Tqt213:
  Okay
- Gladys8jk:
  Ok
- 大王木瓜:
  [Great]
- Jasonlim:
  like
- Phantom121:
  ok
KCtan1688
2022-10-29
KCtan1688
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- Joyus:
  K
- KCtan1688:
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The analyst sees a \"bottom in sight\" for the shares with PCs...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=3605198&headline=META;CAT;LHX;TNL;GERN;AMPY;UBSFY;GILD;FSLR;INTC;WU;GTBIF;TCNNF;MRTX;CCB-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations\">Source Link</a>\n\n</div>\n","source":"lsy1649979459173","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Upgrades, Meta Platforms Downgrade: Top Calls on Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Upgrades, Meta Platforms Downgrade: Top Calls on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-28 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thefly.com/landingPageNews.php?id=3605198&headline=META;CAT;LHX;TNL;GERN;AMPY;UBSFY;GILD;FSLR;INTC;WU;GTBIF;TCNNF;MRTX;CCB-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations><strong>The Fly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Top 5 Upgrades:Barclays analyst Blayne Curtis upgraded Intel (INTC) to Equal Weight from Underweight with an unchanged price target of $30. The analyst sees a \"bottom in sight\" for the shares with PCs...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=3605198&headline=META;CAT;LHX;TNL;GERN;AMPY;UBSFY;GILD;FSLR;INTC;WU;GTBIF;TCNNF;MRTX;CCB-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MRTX","symbol_name":"Mirati Therapeutics Inc.","start_time":0,"source_url":"https://thefly.com/landingPageNews.php?id=3605198&headline=META;CAT;LHX;TNL;GERN;AMPY;UBSFY;GILD;FSLR;INTC;WU;GTBIF;TCNNF;MRTX;CCB-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations","article_id":"1124585892","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1124585892","pubTimestamp":1666965905,"sourceInfo":{"source_id":"lsy1649979459173","name":"The Fly"},"weMediaInfo":null,"summary":"Top 5 Upgrades:Barclays analyst Blayne Curtis upgraded Intel (INTC) to Equal Weight from Underweight","collect":0,"end_time":0,"defaultTopTitle":"thefly.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"MRTX":"Mirati Therapeutics Inc.","AMPY":"Amplify Energy Corp.","GERN":"杰龙","LHX":"哈里斯公司","WU":"西联汇款","CCB":"Coastal Financial Corp","UBSFY":"UbiSoft Entertainment Inc.","META":"Meta Platforms, Inc.","FSLR":"第一太阳能","CAT":"卡特彼勒","GILD":"吉利德科学","TCNNF":"Trulieve Cannabis Corporation","GTBIF":"Green Thumb Industries Inc.","TNL":"Travel Plus Leisure Co.","INTC":"英特尔"},"translate_title":"英特尔升级，元平台降级：华尔街的热门电话","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMPY":0.9,"CAT":0.9,"CCB":0.9,"FSLR":0.9,"GERN":0.9,"GILD":0.9,"GTBIF":0.9,"INTC":0.9,"LHX":0.9,"META":0.9,"MRTX":0.9,"TCNNF":0.9,"TNL":0.9,"UBSFY":0.9,"WU":0.9},"content_text":"Top 5 Upgrades:Barclays analyst Blayne Curtis upgraded Intel (INTC) to Equal Weight from Underweight with an unchanged price target of $30. 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White believes the litigation/lawsuits surrounding the Southern California Pipeline Incident have reached a satisfactory stage, the analyst tells investors in a research note. He believes that the criminal fines not covered by insurance will be easily met with Amplify's cash on hand and free cash flow.Goldman Sachs analyst Eric Sheridan upgraded Ubisoft (UBSFY) to Neutral from Sell with a price target of EUR 37, down from EUR 41. The analyst sees a more balanced risk/reward at current share levels.Wolfe Research analyst Steve Fleishman upgraded First Solar (FSLR) to Outperform from Peer Perform with a $170 price target. The company had \"another surge of bookings\" in Q3 at even higher rates, Fleishman tells investors in a research note.Top 5 Downgrades:Edward Jones analyst David Heger downgraded Meta Platforms (META) to Hold from Buy following the Q3 earnings report. While Meta is executing relatively well in the difficult macroeconomic environment and continues to steadily grow users across its platforms, Heger is concerned about how long the growing metaverse investment will take to deliver a sufficient return, the analyst tells investors in a research note.Deutsche Bank analyst Nicole Deblase downgraded Caterpillar (CAT) to Hold from Buy with a price target of $221, up from $196. \"There is simply not enough upside potential left vs. the current stock price to maintain a Buy rating,\" Deblase tells investors in a research note.Raymond James analyst Brian Gesuale downgraded L3Harris Technologies (LHX) to Market Perform from Outperform without a price target. The stock's year to date outperformance, coupled with what he views as a downward bias to 2023 models and tense risk/reward debate on the 2023 guidance, no longer supports outperformance despite L3Harris remaining one of the higher quality defense names in the firm's coverage space, Gesuale tells investors in a research note.Credit Suisse analyst Benjamin Chaiken downgraded Travel + Leisure (TNL) to Underperform from Outperform with a price target of $31, down from $77. While Chaiken feels Travel + Leisure is a \"quality\" company, he thinks they will underperform peers due to its plans to move up the FICO spectrum, which should cause tour flow to come in lower than expected, the analyst tells investors in a research note.UBS analyst Rayna Kumar downgraded Western Union (WU) to Sell from Neutral with a $12 price target, reflecting 14% downside. The provided a \"lackluster\" outlook for a 2%-4% adjusted revenue decline in 2023 and a potential recession provides incremental risk given that management indicated its 2023 forecast does not include deterioration from current macro trends, Kumar tells investors in a research note.Top 5 Initiations:Wedbush analyst Robert Driscoll initiated coverage of Geron (GERN) with an Outperform rating and $5 price target. The company is developing telomerase inhibitor imetelstat for the treatment of a number of hematological diseases, including lower-risk myelodysplatic syndrome and myelofibrosis, Driscoll tells investors in a research note. The analyst anticipates positive top-line data from the ongoing Phase 3 study in LRMDS in early 2023, allowing for approval and initial launch in the first half of 2024 \"in a large commercial market.\"BTIG analyst Jonathan DeCourcey assumed coverage of Green Thumb Industries (GTBIF) with a Buy rating and C$28 price target as part of a broader research note expanding coverage of the Cannabis industry. The analyst cites the company having posted its 8th consecutive quarter of profitable earnings results, adding that he is confident that positive results will continue through his forecast period and beyond even in the face of macro headwinds.BTIG analyst Jonathan DeCourcey assumed coverage of Trulieve Cannabis (TCNNF) with a Buy rating and C$26 price target as part of a broader research note expanding coverage of the Cannabis industry. The analyst states that further upside for Trulieve will come with greater clarity on Florida's hurricane impact as well as the anticipated timing of potential Connecticut and Pennsylvania recreational cannabis launches.B. Riley analyst Kalpit Patel initiated coverage of Mirati Therapeutics (MRTX) with a Neutral rating and $72 price target. Despite a belief that Mirati is likely to gain accelerated approval for adagrasib in second-line metastatic non-small cell lung cancer by the December FDA action date date, a recent disappointment in the field, Amgen's (AMGN) weak data from its confirmatory trial in a similar setting, may limit commercial uptake relative to Street expectations, Patel tells investors in a research note.Raymond James analyst David Feaster assumed coverage of Coastal Financial Corporation (CCB) with a Strong Buy rating and $57 price target. 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Alphabet, Amazon, Meta and Microsoft combined lost over $350 billion in market cap this week. Forecasts were particularly gloomy for Meta and Amazon, as the economic slowdown punishes the former high flyers. In advertising, Amazon saw its business accelerate, while Facebook and Google are struggling. Other than Apple,&nbsp;it was a brutal earnings week for Big Tech. Third-quarter results this week came against the backdrop of soaring inflation, rising interest rates and a looming recession. Apple bucked the trend after beating expectations for revenue and profit. The stock on Friday had its best day in over two years. On the opposite end of the spectrum was Meta, which has seen its stock","listText":"Big Tech falters on dreary earnings and forecasts for Q4— Meta has worst week ever, Amazon tumbles 13%. Alphabet, Amazon, Meta and Microsoft combined lost over $350 billion in market cap this week. Forecasts were particularly gloomy for Meta and Amazon, as the economic slowdown punishes the former high flyers. In advertising, Amazon saw its business accelerate, while Facebook and Google are struggling. Other than Apple,&nbsp;it was a brutal earnings week for Big Tech. Third-quarter results this week came against the backdrop of soaring inflation, rising interest rates and a looming recession. Apple bucked the trend after beating expectations for revenue and profit. The stock on Friday had its best day in over two years. On the opposite end of the spectrum was Meta, which has seen its stock","text":"Big Tech falters on dreary earnings and forecasts for Q4— Meta has worst week ever, Amazon tumbles 13%. Alphabet, Amazon, Meta and Microsoft combined lost over $350 billion in market cap this week. Forecasts were particularly gloomy for Meta and Amazon, as the economic slowdown punishes the former high flyers. In advertising, Amazon saw its business accelerate, while Facebook and Google are struggling. Other than Apple, it was a brutal earnings week for Big Tech. Third-quarter results this week came against the backdrop of soaring inflation, rising interest rates and a looming recession. Apple bucked the trend after beating expectations for revenue and profit. The stock on Friday had its best day in over two years. 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