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Wednesday's analyst calls: JPMorgan upgrades gas stock, Amazon a top pick

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Stock Markets,Susser Petroleum Partners LP,Amazon.Com Inc

A gas stock and an e-commerce giant were among the stocks being talked about by analysts on Wednesday.

JPMorgan upgraded Sunoco to overweight from neutral. Meanwhile, Bernstein reiterated Amazon as a top pick. Check out the latest calls and chatter below. All times ET. 5:52 a.m.: BMO Capital Markets initiates coverage of Old Dominion Freight Line Old Dominion Freight Line is set to outperform moving forward as the freight industry begins to recover, according to BMO Capital Markets.

The first quarter saw a "broad-based" recovery in the digital advertising market, but second-quarter guidance could be hinting at sequential deceleration, potentially impacting several stocks that benefit from digital ad spend, analyst Mark Shmulik wrote in a note. The analyst said Amazon will continue to see growth ahead, however, as it views the e-commerce giant as a strong AI beneficiary.

 

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