BofA Securities

BofA Securities analyst Mihir Bhatia upgraded American Express Co (NYSE:AXP) from Neutral to Buy and lowered the price target from $325 to $274 Friday. Bhatia noted the current downtick offers long-term oriented investors an opportunity to buy a high-quality company at a reasonable...

BofA Securities analyst Justin Post noted Thursday that President Donald Trump announced a 90-day pause on reciprocal tariffs, keeping the 10% baseline in place. Per Trump, the pause comes after 75-plus countries called U.S. officials to negotiate trade agreements, even as he hiked tariffs on...

BofA Securities analyst Wamsi Mohan maintained a Buy rating on Apple Inc (NASDAQ:AAPL) with a price target of $250 Wednesday. Recently, client focus has shifted to the feasibility of manufacturing Apple products, such as iPhones, in the U.S. Mohan noted while Apple can find labor to assemble...

BofA Securities analyst Justin Post maintained Amazon.com Inc (NASDAQ:AMZN) stock with a Buy rating and lowered the price target from $257 to $225 Wednesday. President Donald Trump’s April 2 tariff announcements were much more significant than expected, including the China tariffs that could...

BofA Securities analyst Rafe Jadrosich writes that the building product companies may encounter significant headwinds from tariffs, though the full impact remains uncertain. Notably, last week, the Trump administration proposed steep new tariffs on several countries, while maintaining current rates...

BofA Securities analyst Joshua Shanker downgraded Progressive Corp (NYSE:PGR) from Buy to Neutral, lowering the price forecast from $300 to $287. Shanker noted that while investors have recently shifted into Progressive as a “defensive” play amid recession concerns and new U.S. tariffs...

BofA Securities analyst Craig Siegenthaler revised estimates and price forecasts for several broker stocks ahead of earnings season. The analyst writes that a deeper equity market correction poses EPS risks from cash sweep revenues, trading/margin loans, and AUM-based fees. Siegenthaler expects...

BofA Securities analyst Wamsi Mohan on Wednesday maintained a Buy rating on Apple Inc (NASDAQ:AAPL) with a price target of $265. The rerating reflects an expected strong iPhone upgrade cycle in fiscal 2025 and 2026 driven by the need for the latest hardware to enable generative AI features, higher...

President Donald Trump is set to unveil a sweeping tariff plan — nicknamed “Liberation Day” — on Wednesday that could lift U.S. trade duties to levels not seen in decades, disrupting global supply chains and jolting financial markets already wary of geopolitical risk. Ahead of the Trump...

Nadav Zafrir of Team8 took over as Check Point Software Technologies Ltd.'s (NASDAQ:CHKP) new CEO in December 2024. What do analysts think of this change and how it will affect the company? BofA Securities On Lululemon Athletica Analyst Tal Liani upgraded the rating from Neutral to Buy, while...

Shares of Lululemon Athletica Inc (NASDAQ:LULU) tanked almost 15% at last check on Friday despite the apparel company’s upbeat fourth-quarter report. Here are some key analyst takeaways. BMO Capital Markets analyst Simeon Siegel reiterated a Market Perform rating, while reducing the price...

Shares of Carvana Co (NYSE:CVNA) were climbing in early trading on Thursday. Piper Sandler analyst Alexander Potter upgraded the rating from Neutral to Overweight, while keeping the price target unchanged at $225. BofA Securities analyst Justin Post reaffirmed a Buy rating and price target of $220...

BofA Securities analyst Rafe Jadrosich updated the price forecast for Lennar Corp (NYSE:LEN) to reflect the impact of the weak housing market and the Millrose Properties spin-off. The analyst slashed the price forecast to $130 from $140 while retaining a Neutral rating. Last month, the company...

Shares of Walmart Inc (NYSE:WMT) tanked in early trading on Friday, even after the company reported upbeat fiscal fourth-quarter results. Here are some key analyst takeaways. KeyBanc Capital Markets analyst Bradley Thomas reiterated an Overweight rating, while lifting the price target from $100 to...

Shares of AppLovin Corp (NASDAQ:APP) were climbing in early trading on Thursday, after the company reported upbeat fourth-quarter results. The company reported its quarterly results amid an positive earnings season. Here are some key analyst takeaways. BofA Securities On AppLovin Analyst Omar...