Shares of Comcast Corporation (NASDAQ: CMCSA) have lost close to 30% year to date. The adverse impact on Cable seems to have played out, according to Wells Fargo.
Most airline stocks have lost altitude in a difficult 2022 environment, but one Wall Street analyst said Monday that 2023 could be a big year for airlines.
Morgan Stanley analyst Ravi Shanker issued the following changes to his airline coverage:
Scotiabank analyst Michael Doumet upgrades Ritchie Bros Auctioneers (NYSE:RBA) from Sector Perform to Sector Outperform and raises the price target from $59 to $65.