The Stocks That Have Analysts Buzzing
Want to know what Wall Street analysts have been saying about Apple, Facebook, McDonald’s, PNC Financial Services, and WaltDisney? Find out in this CNBC.com Stock Blog roundup.
In the wake of the iPhone 5 unveiling on Wednesday, one analyst thinks Apple stock could top $1,600 (yes, you read that right) in three years’ time.
In social media, Mark Zuckerberg’s first interview since Facebook went public was widely applauded by investors. Indeed, the stock had its best week since going public. But Ken Sena, an analyst at Evercore Partners, cut his price target on the stock, on worries Facebook is losing share in mobile to Google .
(Read More: Widely Held Stocks in 401(k)s.)
McDonald’s posted a rebound in global sales in August and analysts remain upbeat about the stock’s prospects. While McDonald’s may encounter near-term margin pressure, Jim Yin thinks the company is attractive longer-term.
Regional bank PNC Financial has been a laggard this year. But Oppenheimer analyst Terry McEvoy sees multiple expansion ahead for the Pittsburgh lender. McEvoy also downgradedFifth Third Bancorp after it outperformed.
Although weak ad revenue put pressure on Disney’s shares on Friday, Lazard Capital Markets’ Barton Crockett remains bullish as they continue to get more money for their shows from distributors and content providers.
—By CNBC.com’s Justin Menza
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