Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from BofA Securities

Novavax Has Limited Pipeline Upside, Says BofA Analyst: What's Next?

Although Novavax, Inc’s (NASDAQ: NVAX) shares have tanked 59% year to date, there is still room for a further decline, according to BofA Securities. The Novavax Analyst: Alec Stranahan initiated coverage of Novavax with an Underperform rating and a price target of $35.

Benzinga

BofA Downgrades Ginkgo Bioworks, Cuts Price Target In Half

While Ginkgo Bioworks Holdings Inc’s (NYSE: DNA) overall first-quarter results were better than expected, revenues and active programs in its core Foundry segment fell short of estimates, according to BofA Securities.

Benzinga

BofA Cuts Boeing Target On Higher Risk Profile

Boeing Co (NYSE: BA) could face several “unexpected” challenges in the near term, according to BofA Securities. The Boeing Analyst: Ronald Epstein reiterated a Neutral rating on Boeing, while trimming the price target from $180 to $150.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

BofA Downgrades FirstEnergy On Higher Pension Drag

With rising interest rates, FirstEnergy Corp. (NYSE: FE) is poised to be negatively impacted by higher pension expenses, according to BofA Securities.

Benzinga

Why Nio Stock Is Rising Today

NIO Inc (NYSE: NIO) shares are trading higher Monday following bullish analyst coverage from BofA Securities.

Benzinga

Why Bank Of America Is Turning Bullish On This ESG Stock

Atlantica Sustainable Infrastructure PLC (NASDAQ: AY) is a “defensive play” in a highly volatile market, according to BofA Securities.

Benzinga

Why This Netflix Analyst Just Cut Their Price Target By 20%

Netflix Inc (NASDAQ: NFLX) seems to be focusing on finding ways to accelerate subscriber additions and “defer the ARPU story,” according to BofA Securities.

Benzinga

Read news from The Economist, FT, and more,
with one subscription

BofA Upgrades O'Reilly After A Relook At Q1 Print

O'Reilly Automotive Inc (NASDAQ: ORLY) is a defensive auto-parts retailer whose stock has moved significantly lower, according to BofA Securities.

Benzinga

Why BofA Double Downgrades Sprouts Farmers Market To Underperform

Sprouts Farmers Market Inc (NASDAQ: SFM) expects double-digit percentage cost inflation and price hikes to continue through 2022, according to BofA Securities.

Benzinga

Why This Hexcel Analyst Is Double Upgrading The Industrial Stock

Hexcel Corporation (NYSE: HXL) seems to be taking “full advantage” of the post-COVID commercial recovery, according to BofA Securities.

Benzinga

Freshpet Raises $350M Via Equity Offering

Freshpet Inc (NASDAQ:FRPT) has priced the follow-on offering of 4.3 million shares at $81 per share. The offer price represents a 2.3% discount on the company’s closing price on May 3, 2022. Freshpet has also granted the underwriters a 30-day option to purchase up to 0.6 million additional shares of its common stock.…

Benzinga

Why Did BofA Downgrade Charter Communications And Slash Price Target?

Growing competition from fixed wireless will be a challenge for Charter Communications Inc (NASDAQ: CHTR), and as the company works to regaining lost subscribers, fixed wireless access (FWA) is likely to continue to gain share “in coming years,” according to BofA Securities.

Benzinga

Why BofA Initiates Kinetic Holdings With Buy Rating

Kinetik Holdings Inc (NASDAQ: KNTK) is strong growth and free cash flow story, given its ownership in the Permian natural gas takeaway and latent processing capacity, according to BofA Securities.

Benzinga

BofA Upgrades Robert Half On Labor Market Momentum

After generating 26.5% sales growth in 2021, Robert Half International Inc (NYSE: RHI) appears poised to deliver sales growth of 20% in 2022, according to BofA Securities.

Benzinga

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Why BofA Downgrades Carter's Ahead Of Q1 Print

Carter's, Inc. (NYSE: CRI) faces a risk to margins as the promotional environment normalizes, according to Bofa Securities.

Benzinga

General Electric Q1 Print Shows Strong Orders, But One Issue Continues

General Electric Company (NYSE: GE) reported its first quarter adjusted earnings above Street estimates. Although orders were strong, the company’s print was impacted by supply chain issues much more than anticipated, according to BofA Securities.

Benzinga

This Analyst Sees 4 Near-Term Risks For Overstock

Overstock.com Inc’s (NASDAQ: OSTK) revenues through 2022 are likely to be under much more pressure than earlier anticipated throughout this year, according to BofA Securities.

Benzinga

BofA's Key Takeaways From Coca-Cola Earnings

Coca-Cola Co (NYSE: KO) reported its first-quarter organic growth higher than BofA and Street estimates, and this growth was led by higher volumes, according to BofA Securities.

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

How E2open Is Riding The Supply Chain Wave, BofA Says

E2open Parent Holdings Inc’s (NYSE: ETWO) shares are likely to re-rate in case SaaS (software as a service) revenue growth continues, according to BofA Securities.

Benzinga

Pricing Drove Procter & Gamble's Sales Growth Beat: BofA Analysis

Although Procter & Gamble Co (NYSE: PG) exceeded expectations by reporting more than 10% organic sales growth for the first quarter, the company’s margins contracted, according to BofA Securities.

Benzinga

Why BofA Cut Netflix Target Price By 50%

Netflix Inc (NASDAQ: NFLX) reported negative net subscriber additions for the first quarter, at -203,000 versus guidance of 2.5 million and Street expectations of 2.6 million, according to BofA Securities.

Benzinga

BofA Downgrades Chemical Stocks Archer Daniels, Bunge

Both Archer-Daniels-Midland Co (NYSE: ADM) and Bunge Ltd (NYSE: BG) seem to be nearing peak earnings, with a likely contraction in soybean crush margins over the next couple of years, according to BofA Securities.

Benzinga

Why Nektar Shares Are Down Almost 35%

Shares of Nektar Therapeutics (NASDAQ: NKTR) have come under pressure after the company “announced the discontinuation of the remaining clinical development programs of bempeg + nivo (Opdivo) in collaboration with Bristo,” according to BofA Securities.

Benzinga

Oil Stock Momentum Shifting From E&Ps To Refiners: What Company Is BofA Securities' Top Pick?

The U.S. refiners, rather than E&Ps, is where there is the “greatest potential for continued absolute outperformance,” according to BofA Securities.

Investors Business Daily

Semiconductor Stocks Mauled By Bears As First-Quarter Earnings Season Starts

First-quarter earnings season is shaping up to be a rough one for chip stocks, judging by the reaction to Taiwan Semiconductor results.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.