Analyst call of the day for CNBCPro subscribers: Evercore ISI reiterates Apple as outperform and says concerns about extended lead times for the iPhone are overdone. Subscribe to see the analyst calls of the day curated by CNBC Pro.
Here are Friday's biggest calls on Wall Street: Bank of America downgrades Coinbase to neutral from buy Bank of America analysts said the crypto company's outlook is uncertain, but they feel confident it's another FTX story. "We think Coinbase likely faces a number of new headwinds over the near/medium-term due to the recent collapse of rival crypto exchange FTX." Read more about this call here.
's business has proven to be more volatile than we originally anticipated, which could lead it to take longer to reach the 300k sub base needed to achieve profitability." Read more about this call here. JPMorgan upgrades Walgreens to overweight from neutral JPMorgan said it likes the company's latest transactions. "For WBA the surprise news of the quarter was the announcement of the Summit Health deal which consolidates Summit into Walgreens Healthcare , valuing Summit at $8.
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