Here are Thursday's biggest calls on Wall Street: KeyBanc upgrades Sherwin-Williams to overweight from sector weight Key said investors should buy the dip in shares of the paint company. " SHW: Upgrading to Overweight on Share Gains, Cycle Bottom, and Strong Incremental Margins." Bernstein initiates General Motors as outperform Bernstein says shares of GM have plenty more room to run.
" UBS reiterates Amazon as buy UBS raised its price target on shares of Amazon to $215 per share from $198. "Concurrent with this report we release our new model alongside recalibrated estimates. We believe investor focus for 1Q24 has broadened into looking at total franchise revenue and operating income vs more narrowly on AWS previously, particularly as growth has rebounded from the 2Q23-3Q23 trough.