Tag: MoffettNathanson
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Upgrade Could Send Shopify Back to $71
Keep an eye on Shopify (SHOP). After a brief pullback, the stock is turning higher. All after MoffettNathanson analysts turned bullish based on the e-commerce software provider’s potential to serve large retailers, rather than just the smaller sellers, as noted by Barron’s. The firm raised its rating to outperform from market perform, with a price…
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Shares of Walt Disney are Breaking Out
Walt Disney (DIS) is on the move. Granted, DIS hasn’t been the happiest place on earth to park cash over the last year. In fact, 2022 was the company’s worst year since 1974. All on poor earnings, concerns consumers could cut down on discretionary spending, losses in its streaming segment, inflation, and fears of recession. …