Analyst call of the day for CNBCPro subscribers: Jefferies initiates Bowlero as buy and says it sees “strong growth and robust free-cash flow opportunity.” Subscribe to see the analyst calls of the day curated by CNBC Pro.
Here are the biggest calls on Wall Street on Wednesday: JPMorgan reiterates Apple as overweight JPMorgan raised its price target on Apple to $190 per share from $175 and says it's bullish heading into earnings on May 4.
" Guggenheim names Tapestry a top pick Guggenheim says the stock is just "too cheap to ignore." "Anchored by the resilient, highly profitable, and very well managed Coach brand, we believe TPR shares are just too cheap to ignore, trading at just 10x our new FY24E EPS of $4.20." Bank of America upgrades Azek to buy from neutral Bank of America said in its upgrade of the building products company that sales are tracking ahead of guidance.
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Accused Pentagon leaker back in court WednesdayJack Teixeira, the Air National Guardsman accused of leaking highly classified Pentagon documents, is due in Boston federal court Wednesday. Authorities believe he leaked documents to a Discord server that focused on war, guns and racist memes.
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