Wells Fargo analyst Sam Reid initiated coverage on several homebuilding and building products stocks.
The analyst said recent volatility in the homebuilding space offers an opportunity. Reid cites that the high rates pose a barrier for resales but offer interesting TAM implications amid low existing home sales (EHS) builders.
Bernstein analyst Bob Brackett assessed the performance and changed several North American oil & gas exploration and production (E&Ps) companies' ratings amid the macro environment.
Olink Holding AB (NASDAQ: OLK) shares are trading higher by over 65% after Thermo Fisher Scientific Inc (NYSE: TMO) announced a deal to acquire the company for about $3.1 billion,