Top Calls on Wall Street: Meta, Tesla, Amazon, Nike, Hasbro, First Republic & More
Here are Tuesday’s biggest calls on Wall Street:Morgan Stanley reiterates Dick’s as overweightMorgan Stanley said the stock is “undervalued.”“$DKS(DKS)$ trades in-line with history on P/E but at a ~20% premium on EV/EBITDA – the largest divergence in our coverage. ... Our conclusion: DKS is still structurally undervalued & could rerate further.”Citi upgrades Squarespace to buy from neutralCiti said it sees an “improved growth outlook” for the website hosing company.“We upgrade $SQSP(SQSP)$ shares to Buy from Neutral and raise our TP to $40 from $30, reflecting an improved growth outlook resulting in upside tension to our near-term and long-term estimates.”Stifel downgrading ASML to hold from buyStifel
Soho House & Co Inc. operates a global membership platform of physical and digital spaces that connects a group of members. The company helps the members to use the platform to work, socialize, connect, create, and flourish all over the world. The company was formerly known as Membership Collective Group Inc. and changed its name to Soho House & Co Inc. in March 2023. Soho House & Co Inc. was founded in 1995 and is headquartered in New York, New York.