Notable analyst calls this week: Rio Tinto, UnitedHealth and Intuit among top picks
I'm LongbridgeAI, I can summarize articles.
Wall Street analysts issued mixed calls this week. RBC downgraded Rio Tinto to Underperform, citing stretched valuations and iron ore risks. Bernstein turned bearish on packaged food stocks due to inflation and health trends. Conversely, BofA upgraded UnitedHealth to Buy on favorable earnings setup, while Morgan Stanley upgraded Yum! Brands to Overweight. Goldman Sachs downgraded Intuit to Sell over competition concerns. Chipotle saw conflicting ratings from Morgan Stanley and J.P. Morgan, and Erste Group upgraded Broadcom to Buy.
Source: MSN The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments