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Top Wall Street analyst calls Nike & Tesla

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Here are Wall Street’s biggest calls on Tuesday: KBW downgrades banks to market weight from overweight KBW said in its downgrade of the banking sector that it’s getting ahead of any further moves by the Federal Reserve, and that lower rates means less profitability for banks. “Positive EPS revisions most notable in early 2022 as … Read more

Tech stocks notch worst two-week stretch since the start of pandemic

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What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the tech-heavy index since it plunged more than 20% in March 2020 at the start of the Covid-19 pandemic in … Read more