You ever have one of those days where you’re kind of drowning in financial news, and you can barely keep your eyes open because, well, numbers? Yeah, that was me on Monday. So, here’s the scoop – mostly how I remembered it after a gigantic cup of coffee.
Goldman Sachs decided eToro is worth buying. Why? Apparently, they’ve got something special going on. Like, they’re different from other kids on the block, and if that isn’t a reason to invest, then what is, right?
Meanwhile, Morgan Stanley downgraded Lululemon. No clue what’s happening there, except they threw in some jargon about key performance indicators and, honestly, at that point, I started thinking about how comfy those leggings probably are. Maybe it’ll bounce back? Who knows.
Oh, and then there’s Conagra and General Mills. Goldman Sachs downgraded them too – something about not expecting much growth. But hey, who needs cereal when you can have avocado toast? Or not. Just a thought.
Centene got a good nod from Morgan Stanley. Medicaid stuff seems complicated, but the overhang (whatever that even means) is supposedly already priced in. If it means something bad already happened, then cool, I guess.
Tesla is apparently getting too hot to handle, according to Baird. I mean, Elon’s talking about robotaxis like they’re coming tomorrow, but are they? Restless waiting, anyone?
UBS is neutral on Apple. They think people aren’t as pumped about iPhones in the U.S. and China, and Japan’s the only place with folks getting more interested. How wild is that?
Citi is all in on Micron. They upped their stock price target, which is kind of like saying, “Hey, we believe in you!” Encouragement counts for something, right?
Morgan Stanley is hedging their bets with McDonald’s. It’s not like Big Macs are going anywhere, but maybe they’re just not the cool kids in the cafeteria anymore.
Piper Sandler thinks Crescent Energy is in a good spot. I have zero energy jokes – no pun intended.
Meanwhile, Citi is less enthusiastic about Interactive Brokers. Sounds like they’re waiting to fall in love again. Breakups, am I right?
Robinhood’s getting a downgrade from Redburn Atlantic Equities. I picture them shrugging and saying, “Eh, not a great vibe.” Honestly, Robinhood has my sympathy – they try.
Redburn’s vibing with LPL Financial, though. Feels like picking the last donut in the office. Weirdly satisfying.
Goldman Sachs isn’t super impressed with Mobileye anymore. Markets are complicated. Or maybe someone just wanted an excuse to shuffle papers.
Jefferies is smitten with Quaker Houghton. They’re saying it’s nice quality at a good price. We all love a deal, especially when it’s chemicals.
Cantor Fitzgerald continues to be pro-Nvidia, especially with this big tech conference happening. AI and all. They seem excited? I can almost see the executives’ earnest nodding.
UBS is sweet on ABM Industries. They’re going all “Buy”, which I suppose is a thumbs-up in stock talk.
Mizuho’s crushing on Walmart, thinking it’s gonna be a big online thing. Amazon might have something to say about that, right?
Steve Madden’s getting a better look from Jones. Apparently, shoe trends are kicking in. Yes, please.
Morgan Stanley’s keen on AppLovin. They seem thrilled about app stuff. Technology, ipso facto?
And Ryder System got a positive nod from Barclays. The kind of strategic setup that sounds clever. Trucking, transporting – kind of makes me want to go on a road trip.
Lastly, Fifth Third is looking sharp to D.A. Davidson. Loan growth and business sentiment – sounds ambitious or hopeful? Only time will tell.
Okay, that’s my rundown. How all this financial stuff made it into my brain and out into yours, who knows? But anyway, gotta love the unpredictability of the market, right?
