SoFi Stock Gets a Downgrade. Why Wall Street Is Divided.

Text size SoFi Technologies stock divides opinion on Wall Street Justin Sullivan/Getty Images SoFi Technologies fell more than 8.5% Monday after the financial services company picked up a downgrade as Wall Street remains unsure about the stock. Wedbush analysts downgraded the shares to Underperform from Neutral in a note Monday, having cut its rating to … Read more

Buy AT&T Stock After Its Post-Earnings Plunge, Says J.P. Morgan. Here’s Why.

Text size A sign is posted in front of an AT&T retails store Justin Sullivan/Getty Images AT&T shares saw their biggest one-day drop in more than 20 years on Thursday after the telecommunication giant reported earnings. The stock looks like a Buy at current levels, according to analysts at J.P. Morgan . Although the telecom … Read more

Logistics Not to Blame for Tesla’s Deliveries Miss. There Is a Bigger Reason.

Tesla stock was getting hammered after weaker-than-expected third-quarter delivery numbers. Wall Street seems to believe the shortfall was due to logistics. That isn’t what investors are worried about, however. They’re worried about demand. Tesla (ticker: TSLA) reported Sunday third-quarter deliveries and production of 343,830 and 365,923 units, respectively. Wall Street was looking for about 358,000 … Read more