Bank of America Merrill Lynch reduces its price target for Facebook shares, saying CEO Mark Zuckerberg’s statements will not fix the negative sentiment against the company.
A backlash against technology stocks such as Facebook is coming that could hurt the broader market, one strategist says.
Morgan Stanley raises its rating to overweight from underweight for Ford shares, citing its exposure to rising infrastructure spending.
J.P. Morgan reaffirms its underweight rating for General Electric shares, citing the fundamental problems in its power business.
UBS raises its rating to buy for Time Warner shares, predicting its merger with AT&T will go through.
Morgan Stanley reiterates its equal weight rating for Tesla shares, citing the rising competitive threats in its key markets.
Stifel lowers its rating for Netflix shares to hold, citing concerns over the company's valuation.
Citi Research raises its rating to buy from neutral for Herbalife shares, citing the company's attractive valuation versus the market.
RBC Capital Market reduces its sales and earnings estimates for McDonald's.
Oppenheimer lowers its rating to perform from outperform for Walmart shares, citing the company’s slowing online sales growth.