Welcome to Extreme Investor Network, your go-to source for all things investing. Today, we bring you some exciting news from Wall Street chatter and analyst calls that are sure to pique your interest.
First up, Citi has named Micron Technology as a top pick ahead of its upcoming earnings report. This is big news as Micron Technology is a key player in the tech industry and has the potential for significant growth in the near future. Meanwhile, Goldman Sachs has initiated coverage of IBM with a buy rating, signaling confidence in the company’s performance moving forward.
But that’s not all. Morgan Stanley has listed UnitedHealth as a top pick, with analyst Erin Wright maintaining an overweight rating on the stock and setting a price target of $595. This suggests a 23% potential upside from the current price. UnitedHealth’s position as a leading Medicare Advantage player, strong balance sheet, and vertical integration efforts make it an attractive investment opportunity.
Bernstein has also reiterated its outperform rating on Ferrari, following a recent event hosted by the luxury sports manufacturer. With a price target of $512, Bernstein believes Ferrari stock could rise by 23%, driven by the company’s commitment to its successful business principles and upcoming innovations in electric vehicles.
UBS sees a bright future for Anheuser-Busch InBev, upgrading the brewing company to a buy rating with a price target of €72. This represents a 30% upside potential for the stock, driven by expected growth in volumes, margins, and cash returns.
At Extreme Investor Network, we strive to provide you with valuable insights and unique information that can help you make informed investment decisions. Stay tuned for more updates and analysis to help you navigate the world of investing with confidence.