Here is the best company and market research that was sent Tuesday morning to clients on Wall Street.
Accelerating sales from Microsoft's key Office business and strength in the company's cloud business should lead to double-digit returns in the next 12 months, Cowen & Co. said Tuesday.
Deere's lean cost structure should lead to stronger earnings power when industry conditions get better, according to BMO Capital Markets.
Investors should sell shares of General Mills because of weakening sales, declining profit margins and elevated valuation, according to Goldman Sachs
Shares of Archer Daniels Midland could be set to rally in the second half of the year as the agricultural producer increases its international presence and value investors step in to buy the beaten-down stock, BMO Capital Markets told clients on Tuesday.
One of the best analysts on Wall Street told clients to avoid Best Buy shares Tuesday because electronics sales will continue to be weak and there are no new catalysts to turn the stock around. "We can't imagine seeing (Best Buy's) U.S. comps improving...meaningfully for the foreseeable future," wrote Citi Research's Kate McShane, who downgraded the stock to neutral from buy