Here is the best Wall Street research that's moving stocks Wednesday.
1. Alphabet to rise 28% on cloud unit: Pacific Crest
Shares of Alphabet are poised to break out as investors realize the technology giant is one of the best emerging cloud plays out there, Pacific Crest told clients Wednesday, reiterating an overweight rating.
2. Top analyst: Move to the sidelines on McDonald's as burger sales fizzle
One of Wall Street's top analysts lowered his rating on McDonald's to neutral from buy on the prospects of weaker sales.
3. Buy Priceline on rising profit margins: Barclays
Investors should buy Priceline as profit margins improve on more efficient ad spending, according to Barclays, which upgraded the shares of the online travel company to overweight from equal weight.
4. Banks may have a subprime auto loan problem
Negative subprime auto data from CarMax's earnings is bad news for regional banks, according to investment firm Piper Jaffray.
