Wall Street analysts bet on a bottom and upgrade more stocks, including Disney and Beyond Meat

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

New for subscribers: Wall Street analysts bet on a bottom and upgrade more stocks, including Disney and Beyond Meat Check out CNBCPro and get your first 30 days free.

Atlantic Equities said in its upgrade of the stock that the "negative price action" was "overdone."'s past performance during recessions, we are reducing 2021/2022 EPS from $5.91/$6.54 to $4.21/$4.61 respectively as we assume coronavirus issues ease towards the year end but are replaced by a recession.

"We view Major Pharma as relatively attractive given its defensive qualities. Companies continue to have solid financial prospects despite some impacts due to COVID-19, offer attractive dividend yields, and can capitalize on lower biotech industry valuations & enhance pipelines via M&A. Upgrading

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro Bet on the bottom.... you'll be walking around town with bottoms, off

Pro Short short short

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street titans lobby for a cut of small business bailoutSome of the richest firms in the business world — private equity companies and venture capitalists — are lobbying for their piece of the coronavirus bailout
Source: politico - 🏆 381. / 59 Read more »