Here are the biggest calls on Wall Street on Wednesday.
Here are the biggest calls on Wall Street on Wednesday: JPMorgan names Match a top pick The firm added the stock Match to its focus list and says investors are too negative on the stock. "We think the pendulum has swung too far and investors are too pessimistic on both the online dating market opportunity & durability of the Tinder turnaround, with a number of potential positive catalysts in the coming months.
"However, our Generative AI CIO Survey published in June raised some questions about Oracle's positioning, and very recently we have struggled to justify a valuation which had lifted to > 25x EV/uFCF, resulting in our PT never exceeding $112 even amidst a recent cluster of ratings upgrades which temporarily lifted the stock above this level. Read more about this call here. Guggenheim initiates TKO Group as buy Guggenheim said the WWE and UFC combined company is a well positioned.
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