UBS

Tesla, Inc. (NASDAQ: TSLA) shares have shed more than 30% in the year-to-date period amid worries concerning the COVID-19 lockdowns in China and worsening macroeconomic fundamentals. The Tesla Analyst: UBS analyst Patrick Hummel has upgraded Tesla shares from Neutral to Buy and maintained the...

One of the largest subscription-based retailers could be raising prices for its members soon. Here’s what Costco Wholesale Corp (NASDAQ: COST) investors need to know.  What Happened: Costco reported second-quarter net sales of $50.9 billion, up 16.1% year-over-year. Total revenue of...

On CNBC, Joni Teves of UBS said gold is attracting safe-haven interest at the moment and prices for the yellow metal could "remain elevated" amid higher geopolitical risks. Yet gold prices are expected to revert back as geopolitical risks fade. Teves added gold prices are likely to...

In an all-cash transaction, UBS Group AG (NYSE: UBS) will acquire fintech Wealthfront For $1.4 billion. The acquisition of this next-generation banking service plays into UBS’ commitment to delivering scalable, digital-first wealth management solution to customers. Wealthfront helps users...

Workday Inc’s (NASDAQ: WDAY) prospects have improved, with customers and partners projecting stronger-than-expected spending and practice growth and indicating a greater focus on their Human Resource systems due to labor constraints, according to UBS. The Workday Analyst: Karl Keirstead...

A leading jewelry retailer is seeing shares trade higher Monday on a new analyst initiation and bullish call. The Signet Analyst: UBS analyst Mauricio Serna initiated coverage on Signet Jewelers (NYSE: SIG) with a Buy rating and $140 price target. Related Link: Signet Jewelers Stock Gains On...

Apple, Inc. (NASDAQ: AAPL) is scheduled to report third-quarter results Tuesday after the market close. The results are key for the stock to continue the momentum it has recently shown.  Apple Q3 Consensus Estimates: Analysts, on average, estimate Apple will report third-quarter...

What Happened: Swiss banking giant UBS Group AG (SWX: UBSG) said in a recent note to clients that regulatory crackdowns could pop the “bubble-like” crypto markets. According to a report from Business Insider, UBS’s global wealth management division pointed to China’s crypto...

The consumer appetite to buy a battery electric vehicle is at a new high globally, and Tesla, Inc. (NASDAQ: TSLA) continues to be the undisputed leader — but it is threatened by competition, an analyst at UBS said Tuesday. EV Momentum Accelerating: About 43% of consumers surveyed...

A Twilio, Inc (NYSE: TWLO) analyst is taking a bullish stance on the stock that's predicated on sustained, pandemic-driven demand trends for communications API platforms, long-term cloud solutions and first-mover advantages. The Twilio Analyst: UBS analyst Taylor McGinnis...

Virgin Galactic Holdings Inc (NYSE: SPCE) shares traded higher by another 4.2% on Friday after the stock landed a major Wall Street upgrade. The Analyst: UBS analyst Myles Walton upgraded Virgin Galactic from Neutral to Buy and cut his price target from $40 to $36. Related Link: ARKX Isn't The...

PepsiCo, Inc. (NASDAQ: PEP) has reached only the mid-point of an investment cycle that is expected to result in sustainable top- and bottom-line growth, according to UBS. The PepsiCo Analyst: Sean King upgraded the rating for PepsiCo from Neutral to Buy, while raising the price target from $145 to...