The biggest calls on Wall Street on Tuesday are: Benchmark downgrades Netflix to sell from hold. Benchmark said it was “skeptical” about Netflix’s sustained recovery with a stock downgrade. “We have made gradual revisions to estimates from the continued appreciation of the US dollar, including the yen and European currencies, but this is unlikely to be fully reflected in previous second-quarter guidance and analyst consensus. Or) Discussed 14.1x forward P / E from the 2023 consensus forecast. ”Bank of America downgraded Best Buy from Buy to Neutral. Bank of America said the Best Buy rating is not very attractive. “As earnings uncertainty around 2023 grows, ratings gradually become less attractive, so we’re downgrading consumer electronics retailers’ best buys from buy to neutral.” Learn more about this call. .. JP Morgan repeated Robin Hood as underweight JP Morgan lowered the stock trading company’s target price from $ 11 to $ 7 per share, stating that “the outlook for trading volume is weak.” “As regulatory risk increases, Robin Hood’s market continues to deteriorate, so we maintain an underweight rating.” Deutsche Bank repeated Apple, with the acquisition of Deutsche Bank mainly targeting the stock price of high-tech giants. It was reduced from $ 200 based on the valuation to $ 175 per share. “From a equity perspective, AAPL’s equity performance to date is in line with or better than most megacap technology peers, but macro uncertainties that affect investor sentiment. Given the certainty, it is unlikely that the AAPL rating will return. In the next 12 months, it will be more than 30 times the highest in five years. ”JP Morgan wrote in a note on Tuesday that Amazon said. He reiterates Amazon as the best idea that he sees it as further increasing e-commerce penetration. “Amazon’s share of US e-commerce increased to 40% in 2021. AMZN is still the fastest growing US retailer.” Acquired Chesapeake Energy because it said it was born out of a restructuring with a stronger and more compelling reputation. “CHK was born out of restructuring with a significantly enhanced balance sheet and low cost structure, removing the burden from the major problems that plagued legacy companies.” Learn more about this call. Bank of America reiterates Kroger as a top pick. Bank of America said it was bullish on Kroger’s earnings later this week and its market share trend is improving. “We anticipate that widespread inflation will increasingly drive consumers to retailers who offer diversity (good, better, best options) and value (including their own high-margin brands). I think KR’s fuel rewards / loyalty program will help drive traffic and offsets. As customers react to high inflation, the size of their baskets will shrink. ”BMO said at the time of the establishment of the oil refinery company. , BMO is the market leader in buybacks and said that stock prices are rising further, so we launched Marathon Petroleum. “Following the $ 21 billion sale of the Speedway business, Marathon has led the energy sector in capital revenue. With record refinement margins and improved operational execution, Marathon continues to lead its peers in buybacks. We believe we can see the base dividend upwards. “The Bank of Germany has downgraded Hulett Packard Enterprise and withheld its purchase. Deutsche Bank has downgraded information technology with a more cautious outlook for IT spending. “… and downgrade HPE to Hold because stocks are expected to trade flat with prudent IT spending.” Learn more about this call. UBS has downgraded AstraZeneca from acquisition to neutral. UBS has downgraded a pharmaceutical company due to a lack of aggressive catalysts in the future. “But now we are in a smarter area and we are meeting our price targets. We will downgrade our rating to neutral because there is no major catalyst in the radar until the first quarter of 2011. When pipeline noise will decrease. The market tends to focus on AZN. Margin development, this time with additional debate over China’s trajectory, wouldn’t change. ”JP Morgan overweights Coinbase Downgrade to Neutral JPMorgan has downgraded a crypto company due to lower crypto prices. “We continue to believe in the crypto market and blockchain technology, but the extreme drop in crypto market prices and the surge in Coinbase investment in the second quarter of 2010 only make it difficult to generate profits. It doesn’t seem to be. Not only in the near future, but also to meet the annual EBITDA $ 500 million annual loss limit. “Learn more about this call. UBS founded Jazz Pharmaceuticals, as UBS said there was “strong product diversification” when the pharmaceutical company was founded. “We believe JAZZ has multiple offensive / defensive strategies to mitigate the impact of competition.” Citi upgrades Nokia to buy from neutral. Citi is a telecommunications upgrade, especially in the US market. He said he expects the fundamentals to improve. “The mobile infrastructure market is showing strong momentum, especially in Nokia’s major US market, where Nokia’s 10-year share loss has stopped and is showing signs of improvement.” Cohen is the best at IAC / InterActive Corp. Cohen, who cites it as an idea, cites brand owners like Angi as the best idea and states that the stock price is undervalued. “IAC is Smidcap’s best idea for 2022 because IAC’s portfolio business is trading at significant conglomerate discounts.” JP Morgan said that overweight JPMorgan is bullish on Apple TV + and over time. As he said that the number of subscribers is increasing, he repeatedly states Apple. “As the content library grows, subscribers are projected to grow to up to 90 million by 2025, with revenues of up to $ 4.8 billion.” JP Morgan said the overweight JPMorgan said 2025. He reiterated Apple because he said he plans to achieve $ 3.6 billion in revenue by the year. But more importantly, Apple’s content supports a wider range of demographics than its competitors, which target much narrower demographics for a particular fitness program. Morgan Stanley said investors should stick to stocks after overweight Morgan Stanley reported that Elon Musk had warned employees about the tough quarter in an email. Repeat Tesla. “But Tesla, as it has shown throughout its history, can make up for substantial losses by accelerating deliveries to the end of the quarter. Overall quarterly production in the last week or two. Can be unbalanced. 2Q can provide a disgusting, continuous tailwind for 3Q results. “
Apple, Amazon, Netflix, Tesla, Coinbase
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