Wolfe Research downgraded Paramount Global (NASDAQ:PARA) on Tuesday to “underperform” from “peer perform” on the company’s financial assumptions post-merger with Skydance and raised doubts on whether the deal will help the media giant grow its direct-to-consumer business. “Skydance will address Paramount’s DTC scale deficit with tech, money, and partners… WithContinue Reading
Justin Sullivan/Getty Images News Wolfe Research has a list of stocks it says could be potential winners if Donald Trump were to win his presidential re-election bid and lead a Republican-controlled Congress. The debate between President Joe Biden and former President Trump last week led to a further shift inContinue Reading
NanoStockk/iStock via Getty Images Wolfe Research said it foresees investors sticking largely with mega-cap technology stocks as volatility ramps up this summer. The independent sell-side research firm outlined its view in a Thursday note, highlighting choppier conditions in the stock market (SP500)(COMP:IND)(DJI) over the past week as YTD high-flyers NvidiaContinue Reading
JHVEPhoto Wolfe Research maintained its Outperform rating on Micron Technology (NASDAQ:MU) and raised the price target on the stock to $200 from $150. The analysts noted that they were raising estimates on Micron heading into the company’s report (earnings on Wednesday) on stronger industry conditions and optimism regarding high bandwidthContinue Reading
