Top Stories

Ford’s stock hasn’t done this in 6 years, chart analyst says

0


Wall Street analysts are doubling down on their calls for a consumer spending recovery.

Barclays, Credit Suisse and Wells Fargo released notes Monday highlighting their excitement about several consumer stocks, with Barclays reaffirming its positive view on TJX Companies, Credit Suisse upgrading Tapestry to outperform and Wells Fargo upping its ratings on some high-profile lifestyle companies.

Analysts at Wells Fargo said they “have never seen the consumer emerging this strong from a recession,” upgrading McDonald’s, Starbucks, Chipotle, Yum Brands, Darden and Marriott to overweight.

One other name could ride a consumer spending comeback, Fairlead Strategies founder and managing partner…



Source cnbc.com

Tesla drops another 6% in premarket, bringing two-day losses to 14%

Previous article

Best Buy gives pandemic-related bonuses to employees amid company layoffs

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Top Stories