Here are Monday's biggest calls on Wall Street.
Here are Monday's biggest calls on Wall Street: KBW upgrades Bank of America to market perform from underperform KBW upgraded the banking giant with long-term rates declining. "We are upgrading BAC's shares to Market Perform from Underperform, partly due to the recent decline in long-term rates following the better-than-expected productivity report followed by a weaker-than-expected jobs report.
"We are upgrading D shares to Overweight, from Equal Weight, following the 3Q23 earnings call which we see as driving a positive inflection point for the stock, with EPS revisions likely to bottom over the next quarter." Goldman Sachs initiates Birkenstock as buy Goldman initiated the shoe company with a buy and said Birkenstock shares are compelling.
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