Here are the biggest calls on Wall Street on Friday.
Here are the biggest calls on Wall Street on Friday: Morgan Stanley reiterates Rivian as overweight Morgan Stanley said it's standing by shares of the electric vehicle company. "As Rivian emerges from an era of acute supply chain and production challenges, investors look to see what the company can do as the units scale, pricing recalibrates and cost structure improves. While there's a lot of wood to chop, RIVN's path towards breakeven is deterministic to the equity story.
initiates Zoom as buy said in its initiation of Deere that it sees "upside in the cycle." "The shares have declined 6% year to date on concerns about a peaking US equipment replacement cycle and are trading at just 11.1x 2024e PE. We think growth in renewable diesel and sustainable aviation fuel should keep crop prices and farmer incomes high and drive continued upside in the cycle.
initiates Snowflake as buy
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