Sunday, May 5, 2024
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Thursday’s analyst calls: Meta earnings reaction, auto giant to rally more than 20%

Highlights of the Article:

1. Wells Fargo recommends buying Five Below stock: Analyst Edward Kelly upgraded the discount retailer Five Below to overweight from equal weight, stating that the risk/reward looks positive for investors despite challenges in the retail industry.

2. KeyBanc predicts rally for Sherwin-Williams: KeyBanc analyst Aleksey Yefremov upgraded paint maker Sherwin-Williams to overweight from sector weight, with a price target indicating a potential 31.7% increase in shares due to positive tailwinds and a recent decline in stock price.


Editorial content by Avery Redwood

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