Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today!PelotonWhat happened? On Monday, Truist upgraded Peloton Interactive Inc (NASDAQ:PTON) to Buy with a $11 price target.*TLDR: Peloton’s fundamentals improve; equity recovery begins. Attractive ...
Investing.com -- In a note to clients this week, BCA Research assessed whether now is an opportune time to build or top up a position in cybersecurity stocks. Overall, the firm believes so, telling investors that the cybersecurity industry is well-positioned in the current market environment, offering investors a strategic opportunity amid rising geopolitical tensions and the ongoing glo ...
Investing.com - IBM ’s new z17 artificial intelligence mainframe could underpin a strong sales cycle for the tech group, according to analysts at BofA.Earlier this month, IBM unveiled the z17, calling it the "next generation" of its key mainframe offerings that will feature AI capabilities across hardware, software, and systems operations.The z17 is due to be made available from June 18, IBM sa ...
Investing.com -- Investors should favour stock in health care, consumer staples and consumer discretionary sectors when economic growth slows below 2%, according to a Jefferies, while avoiding energy and communication services, which tend to underperform.Jefferies maintained its sector strategy despite cutting its earnings growth forecasts and targets, citing weak revision trends and deeper c ...