Buy/Sell: Wall Street's Top Stock Calls This Week

The Fly2024-12-29

Wall Street experts reveal stocks to buy, one to sell this weekWhat has Wall Street been buzzing about this week? Here are the top Buy calls and the top Sell call made by Wall Street's best analysts ...

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rk chandra
2024-12-29
rk chandra
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Here are the top Buy calls and the top Sell call made by Wall Street's best analysts ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=4043843&headline=PONY;EAT;NOW;PGR;HGTY-BuySell-Wall-Streets-top-stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic\">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>Buy/Sell: Wall Street's Top Stock Calls This Week</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\">\nBuy/Sell: Wall Street's Top Stock Calls This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-29 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thefly.com/landingPageNews.php?id=4043843&headline=PONY;EAT;NOW;PGR;HGTY-BuySell-Wall-Streets-top-stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic><strong>The Fly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street experts reveal stocks to buy, one to sell this weekWhat has Wall Street been buzzing about this week? Here are the top Buy calls and the top Sell call made by Wall Street's best analysts ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=4043843&headline=PONY;EAT;NOW;PGR;HGTY-BuySell-Wall-Streets-top-stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic\">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":"EAT","symbol_name":"布林克国际","start_time":0,"source_url":"https://thefly.com/landingPageNews.php?id=4043843&headline=PONY;EAT;NOW;PGR;HGTY-BuySell-Wall-Streets-top-stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic","article_id":"1160705140","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1160705140","pubTimestamp":1735432200,"columns":[],"sourceInfo":{"source_id":"lsy1649979459173","name":"The Fly"},"weMediaInfo":null,"summary":"Wall Street experts reveal stocks to buy, one to sell this weekWhat has Wall Street been buzzing about this week?","collect":0,"end_time":0,"defaultTopTitle":"thefly.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"EAT":"布林克国际","PGR":"美国前进保险公司","HGTY":"Hagerty","PONY":"小马智行","NOW":"ServiceNow"},"translate_title":"买入/卖出：华尔街本周热门股票看涨期权","themeId":"6457fe41d4086104afada4def1725fa4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EAT":1.1,"HGTY":1.1,"NOW":1.1,"PGR":1.1,"PONY":1.1},"content_text":"Wall Street experts reveal stocks to buy, one to sell this weekWhat has Wall Street been buzzing about this week? Here are the top Buy calls and the top Sell call made by Wall Street's best analysts during the week of December 23-27.Top Buy Calls:Pony AI initiated with a Buy at BofABofA initiated coverage of Pony AI (PONY) with a Buy rating and $18 price target. Pony is a global leader in achieving large-scale commercialization of autonomous mobility, including robotaxi and robotruck business, the firm tells investors in a research note. 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The firm, which believes ServiceNow's unique growth at scale drives \"a popular concern regarding durability,\" attempts to balance its positive long-term view on the business with an acknowledgement that near-term valuation is \"challenging,\" the firm tells investors. However, Raymond sees the relative valuation multiple holding as total company growth in the 20% range \"should power the stock to outperform if this holds true.\"Raymond James upgrades \"core holding\" Progressive to OutperformRaymond James upgraded Progressive (PGR) to Outperform from Market Perform with a $305 price target in conjunction with the firm's 2025 playbook and outlook note for the insurance group. The company's long-term record of growth and value creation \"makes it a core holding for large cap growth investors,\" according to Raymond, which believes the near-term outlook includes \"industry leading\" policy-in-force growth and better-than-target combined ratios.Top Sell Call:Hagerty downgraded to Underperform at Raymond James on valuationRaymond James downgraded Hagerty (HGTY) to Underperform from Market Perform with no price target in conjunction with the firm's 2025 playbook and outlook note for the insurance group. While the firm continues to view Hagerty as \"the premier marketplace for classic and collectible vehicles\" and expects the company to generate strong top-line growth in 2025, it notes that shares have been rewarded with a premium valuation. The stock is trading at about 34 times the firm's 2025 EPS estimate, compared with a Personal Auto peer average of about 17 times 2025 EPS and the Insurance Brokerage & Technology peer average of about 22 times 2025 EPS, Raymond tells investors.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":386640453829144,"gmtCreate":1735435289497,"gmtModify":1735443165461,"author":{"id":"4102509726624470","authorId":"4102509726624470","name":"rk chandra","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4102509726624470","authorIdStr":"4102509726624470"},"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386640453829144","repostId":1160705140,"repostType":2,"repost":{"id":"1160705140","kind":"news","pubTimestamp":1735432200,"share":"https://ttm.financial/m/news/1160705140?lang=&edition=fundamental","pubTime":"2024-12-29 08:30","market":"us","language":"en","title":"Buy/Sell: Wall Street's Top Stock Calls This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1160705140","media":"The Fly","summary":"Wall Street experts reveal stocks to buy, one to sell this weekWhat has Wall Street been buzzing about this week?","content":"<html><head></head><body><p>Wall Street experts reveal stocks to buy, one to sell this week</p><p>What has Wall Street been buzzing about this week? Here are the top Buy calls and the top Sell call made by Wall Street&#39;s best analysts during the week of December 23-27.<br/><br/><strong><u>Top Buy Calls:</u></strong></p><p><strong>Pony AI initiated with a Buy at BofA</strong></p><p>BofA initiated coverage of Pony AI (PONY) with a Buy rating and $18 price target. Pony is a global leader in achieving large-scale commercialization of autonomous mobility, including robotaxi and robotruck business, the firm tells investors in a research note. BofA likes Pony&#39;s proprietary Virtual Driver technology, which integrates in-house software, hardware, and services, to deliver reliable and cost-effective autonomous mobility in diverse circumstances, and believes the Chinese government will continue to have policies for the robotaxi/robotruck industry and to support industry leaders like Pony, against the backdrop of mobility transformation becoming a key area of technology competition between China and the U.S.<br/><br/><strong>Pony AI initiated with a Buy at Goldman Sachs</strong></p><p>Goldman Sachs initiated coverage of Pony AI with a Buy rating and $19.60 price target. Pony AI is the leader in L4 autonomous mobility in terms of fleet size, offering robotaxi and robotruck services across China, the firm says. The company is among the first in China to operate fully driverless robotaxis in four tier-1 cities, obtaining the regulatory permits needed to provide public-facing robotaxi services. Pony AI continues to make progress on robotaxi commercialization, and Goldman expects a revenue CAGR of 27% in 2024-2027 on ramp up of its robotaxi fleet operation and start of licenses fee contribution from robotaxi solutions, then a 158% CAGR over 2027-2030 with accelerated scale expansion, driving EBITDA and NI to turn positive in 2030.</p><p><strong>Brinker upgraded to Buy at Argus amid improving trends</strong></p><p>Argus upgraded Brinker (EAT) to Buy from Hold with a $150 price target. The firm cites the company&#39;s trends improving, as restaurant sales and traffic growth are moving higher. Improved performance reflects the management&#39;s streamlined efforts with its menu, increased prices, and greater investment in Brinker&#39;s staffing, while its simplified processes is generating better efficiencies in the kitchen and in the overall operations, Argus adds.</p><p><strong>ServiceNow initiated with an Outperform at Raymond James</strong></p><p>Raymond James initiated coverage of ServiceNow (NOW) with an Outperform rating and $1,200 price target. The firm, which believes ServiceNow&#39;s unique growth at scale drives &#34;a popular concern regarding durability,&#34; attempts to balance its positive long-term view on the business with an acknowledgement that near-term valuation is &#34;challenging,&#34; the firm tells investors. However, Raymond sees the relative valuation multiple holding as total company growth in the 20% range &#34;should power the stock to outperform if this holds true.&#34;</p><p><strong>Raymond James upgrades &#34;core holding&#34; Progressive to Outperform</strong></p><p>Raymond James upgraded Progressive (PGR) to Outperform from Market Perform with a $305 price target in conjunction with the firm&#39;s 2025 playbook and outlook note for the insurance group. The company&#39;s long-term record of growth and value creation &#34;makes it a core holding for large cap growth investors,&#34; according to Raymond, which believes the near-term outlook includes &#34;industry leading&#34; policy-in-force growth and better-than-target combined ratios.<br/><br/><strong><u>Top Sell Call:</u></strong></p><p><strong>Hagerty downgraded to Underperform at Raymond James on valuation</strong></p><p>Raymond James downgraded Hagerty (HGTY) to Underperform from Market Perform with no price target in conjunction with the firm&#39;s 2025 playbook and outlook note for the insurance group. While the firm continues to view Hagerty as &#34;the premier marketplace for classic and collectible vehicles&#34; and expects the company to generate strong top-line growth in 2025, it notes that shares have been rewarded with a premium valuation. The stock is trading at about 34 times the firm&#39;s 2025 EPS estimate, compared with a Personal Auto peer average of about 17 times 2025 EPS and the Insurance Brokerage &amp; Technology peer average of about 22 times 2025 EPS, Raymond tells investors.</p></body></html>","source":"lsy1649979459173","collect":0,"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>Buy/Sell: Wall Street's Top Stock Calls This Week</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\">\nBuy/Sell: Wall Street's Top Stock Calls This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-29 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thefly.com/landingPageNews.php?id=4043843&headline=PONY;EAT;NOW;PGR;HGTY-BuySell-Wall-Streets-top-stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic><strong>The Fly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street experts reveal stocks to buy, one to sell this weekWhat has Wall Street been buzzing about this week? Here are the top Buy calls and the top Sell call made by Wall Street's best analysts ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=4043843&headline=PONY;EAT;NOW;PGR;HGTY-BuySell-Wall-Streets-top-stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EAT":"布林克国际","PGR":"美国前进保险公司","HGTY":"Hagerty","PONY":"小马智行","NOW":"ServiceNow"},"source_url":"https://thefly.com/landingPageNews.php?id=4043843&headline=PONY;EAT;NOW;PGR;HGTY-BuySell-Wall-Streets-top-stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160705140","content_text":"Wall Street experts reveal stocks to buy, one to sell this weekWhat has Wall Street been buzzing about this week? Here are the top Buy calls and the top Sell call made by Wall Street's best analysts during the week of December 23-27.Top Buy Calls:Pony AI initiated with a Buy at BofABofA initiated coverage of Pony AI (PONY) with a Buy rating and $18 price target. Pony is a global leader in achieving large-scale commercialization of autonomous mobility, including robotaxi and robotruck business, the firm tells investors in a research note. BofA likes Pony's proprietary Virtual Driver technology, which integrates in-house software, hardware, and services, to deliver reliable and cost-effective autonomous mobility in diverse circumstances, and believes the Chinese government will continue to have policies for the robotaxi/robotruck industry and to support industry leaders like Pony, against the backdrop of mobility transformation becoming a key area of technology competition between China and the U.S.Pony AI initiated with a Buy at Goldman SachsGoldman Sachs initiated coverage of Pony AI with a Buy rating and $19.60 price target. Pony AI is the leader in L4 autonomous mobility in terms of fleet size, offering robotaxi and robotruck services across China, the firm says. The company is among the first in China to operate fully driverless robotaxis in four tier-1 cities, obtaining the regulatory permits needed to provide public-facing robotaxi services. Pony AI continues to make progress on robotaxi commercialization, and Goldman expects a revenue CAGR of 27% in 2024-2027 on ramp up of its robotaxi fleet operation and start of licenses fee contribution from robotaxi solutions, then a 158% CAGR over 2027-2030 with accelerated scale expansion, driving EBITDA and NI to turn positive in 2030.Brinker upgraded to Buy at Argus amid improving trendsArgus upgraded Brinker (EAT) to Buy from Hold with a $150 price target. The firm cites the company's trends improving, as restaurant sales and traffic growth are moving higher. Improved performance reflects the management's streamlined efforts with its menu, increased prices, and greater investment in Brinker's staffing, while its simplified processes is generating better efficiencies in the kitchen and in the overall operations, Argus adds.ServiceNow initiated with an Outperform at Raymond JamesRaymond James initiated coverage of ServiceNow (NOW) with an Outperform rating and $1,200 price target. The firm, which believes ServiceNow's unique growth at scale drives \"a popular concern regarding durability,\" attempts to balance its positive long-term view on the business with an acknowledgement that near-term valuation is \"challenging,\" the firm tells investors. However, Raymond sees the relative valuation multiple holding as total company growth in the 20% range \"should power the stock to outperform if this holds true.\"Raymond James upgrades \"core holding\" Progressive to OutperformRaymond James upgraded Progressive (PGR) to Outperform from Market Perform with a $305 price target in conjunction with the firm's 2025 playbook and outlook note for the insurance group. The company's long-term record of growth and value creation \"makes it a core holding for large cap growth investors,\" according to Raymond, which believes the near-term outlook includes \"industry leading\" policy-in-force growth and better-than-target combined ratios.Top Sell Call:Hagerty downgraded to Underperform at Raymond James on valuationRaymond James downgraded Hagerty (HGTY) to Underperform from Market Perform with no price target in conjunction with the firm's 2025 playbook and outlook note for the insurance group. While the firm continues to view Hagerty as \"the premier marketplace for classic and collectible vehicles\" and expects the company to generate strong top-line growth in 2025, it notes that shares have been rewarded with a premium valuation. The stock is trading at about 34 times the firm's 2025 EPS estimate, compared with a Personal Auto peer average of about 17 times 2025 EPS and the Insurance Brokerage & Technology peer average of about 22 times 2025 EPS, Raymond tells investors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":12,"commentSize":1,"repostSize":1,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1160705140"}