New for subscribers: Here are Friday's biggest analyst calls of the day: Tesla, CrowdStrike, Walmart, Marriott & more Check out CNBCPro today.
Jefferies upgraded the hotel chain and said Marriott was a "quality" company with a "superb" management team and that the stock should outperform once the "new normal" operating environment returns.
"MAR is lagging the S&P 500 by nearly 40% YTD and HLT by 25%, while both are anchored by proven management teams and business models which we have confidence will recover. We apply higher than average - but not peak - valuation multiples for HLT and which drives our updated price targets of $101 and $125, respectively. We believe the key catalysts for outperformance are primarily the resumption of capital returns as a new normal operating environment returns."Oppenheimer upgraded the China music streaming service and said investors are overlooking the company's solid core music business.
"We value Music Services at 8x '22E revenue, and Social Entertainment at 10x '22E EBITDA. We expect strong sub growth to continue in 2H and potentially accelerate on ad-supported services. We estimate long-form audio could generate 3%/7% incremental core music revenue in '21E/'22E. Live is transforming the multi-billion-dollar concert industry with significant monetization opportunities."
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Friday Faves - The FitnessistaHey hey! Happy Friday! I hope you’ve had a wonderful week. It’s been a good one over here. We’re trying to get everything sorted for distance learning and are hoping going to find our groove. How’s everything going for you guys? Some highlights from the week: Kyle, Meg, and the kiddos came over for backyard…
Weiterlesen »
What's on TV Friday: Steve McQueen movie marathon on TCMWhat's on TV Friday, Aug. 14: Steve McQueen movie marathon on TCM; 'Being Reuben'
Weiterlesen »
U.N. Security Council starts Iran arms embargo vote, result FridayThe United Nations Security Council started voting on Thursday on a U.S. bid to extend an arms embargo on Iran, which is opposed by veto-powers Russia and China, and the result will be announced at a meeting on Friday, diplomats said.
Weiterlesen »
DeVos' sexual misconduct rule will take effect Friday after legal blocks failA federal judge refused a multi-state effort to strike down Education Secretary Betsy DeVos' new Title IX rule, clearing the path for the policy to take effect Friday
Weiterlesen »
Democrats Decry “Sabotage” After “Friday Night Massacre” at Postal ServiceA broad leadership shakeup at the United States Postal Service gives more power to Postmaster General Louis DeJoy when he is under increased scrutiny.
Weiterlesen »
Walmart Plus: Amazon Prime Competitor Is Delayed AgainThe world's largest retailer is reportedly launching its own paid membership service, called Walmart+, this month.
Weiterlesen »