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Stocks

“J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels”

“NexTier Oilfield Solutions (NEX)… Similarly, the rest of the Street is getting onboard. 6 Buy ratings and 2 Hold assigned in the last three months add up to a Strong Buy analyst consensus. In addition, the $3.70 average price target… Continue Reading…

Stocks

“Morgan Stanley Picks 2 Stocks to Buy (and 1 to Avoid)”

“Aptiv PLC (APTV)… The Street agrees that APTV is a buying proposition, and the analyst consensus rating here is a Strong Buy. That rating is a based on 8 reviews, including 6 Buys and 2 Holds. The stock is currently selling… Continue Reading…

Stocks

“Morgan Stanley Bets on These 3 Stocks; Sees Over 40% Upside”

“Akero Therapeutics (AKRO)… Are other analysts in agreement? They are. Only Buy ratings, 6, in fact, have been issued in the last three months. Therefore, the message is clear: AKRO is a Strong Buy. Given the $58.50 average price target,… Continue Reading…

Stocks

“3 Airline Stocks With Long-Term Potential; Morgan Stanley Says ‘Buy’”

“Southwest Airlines (LUV)… In line with his optimism, Shanker rates LUV an Overweight (i.e. Buy). His $54 price target implies a 33% upside for the stock in the coming year… Delta Airlines, Inc. (DAL)… Overall, the analyst consensus on Delta is a… Continue Reading…

Economy, Stocks

“Stocks could fall a further 7% after last week’s correction. But here’s why Morgan Stanley says that’s ‘healthy’”

“The three major benchmark indexes suffered their biggest weekly losses since March 20 last week, as the Federal Reserve’s downbeat economic outlook and rising coronavirus cases unsettled investors. Fears of a second wave grew over the weekend and U.S. stock futures pointed lower early… Continue Reading…

Economy, Stocks

“US economy to see V-shaped recovery: Morgan Stanley”

“The U.S. economy will come roaring back to life after the COVID-19 pandemic caused the deepest contraction of the post-World War II era, according to one Wall Street strategist… “We will see a V-shaped recovery for two reasons – the historic steepness of the… Continue Reading…

Banking, Economy

“Chase [Bank] to temporarily close 1,000 branches over coronavirus concerns”

“JPMorgan Chase is closing about a fifth of its bank branches to help contain the spread of COVID-19. The finance giant will shutter about 1,000 Chase bank locations temporarily, according to a memo sent to employees Wednesday. The roughly 4,000 other branches will… Continue Reading…

Banking, Economy

“Morgan Stanley Sees a Global Economic Recovery in Early 2020”

“A combination of easing trade tensions and easier monetary policy will lift global growth from the first quarter of 2020, according to economists at Morgan Stanley… “A 1Q20 recovery is on the cards,” the U.S. bank’s economists led by Chetan Ahya wrote in… Continue Reading…

Economy, Stocks

“Shift into value stocks could fuel a solid rally, says J.P. Morgan”

“Bone up on the term “market rotation” if you want to hold your own at the water cooler these days… Diving right into the debate is our call of the day from a team led by J.P. Morgan’s global head of quantitative… Continue Reading…

Banking, Economy, Stocks

“Stocks will ‘rally into the end of the year’ after upside earnings surprise, says J.P. Morgan’s Matejka”

““We were looking for a correction in August, but we believe the market will rally into the end of the year,” Matejka said in an interview. “The key call is that the U.S. is not headed for a recession. The… Continue Reading…