Here are some of the tickers on my radar for Tuesday, Oct. 24, taken from my reporter’s notebook.
upgraded to buy from hold at Stifel, says recent pullback in shares is a good entry point for this high-quality industrial. price target lowered to $315 from $330 at Oppenheimer on reduced target multiple. Says defense stock MCD has not been spared from subdued investor sentiment toward restaurant stocks going into earnings season. Something is wrong here.
downgraded to hold from buy at UBS, says net interest income, credit and risk management keeping market multiples down. upgraded to hold from sell at Piper Sandler, says shares now trade at a valuation level"rarely seen" for AXP. — slightly better. Topped third-quarter expectations but pulled its previously announced guidance dude to the ongoing labor strikes by the United Auto Workers.
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