Airbnb shares could rebound as the company accelerates its bookings growth and launches new products, according to Jefferies. Analyst John Colantuoni upgraded shares to buy from hold and increased his price target by $20 to $185, which suggests the stock can gain more than 37% from its latest close. This year, the stock is up 2.3% — outperforming the broader market and making a slight recovery from its 18.5% loss over the past 12 months as investors remain impressed by the Airbnb’s stronger-than-expected fourth-quarter earnings . “ABNB’s attractive growth, impressive free cash flow generation, and large competitive moat justify a…
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Here are the biggest calls on Wall Street on Monday: UBS reiterates Tesla as sell UBS lowered its price target on Tesla to $225 per share from $259. “We are lowering our 1Q25 delivery forecast to 367k from the 437k we plugged in as a placeholder post 4Q24 results.” Jefferies upgrades Airbnb to buy from hold Jefferies said it sees “durable growth” for the online vacation rental company. “We believe lodging share gains will be augmented by increased adoption of experiences, an opportunity ABNB is uniquely well positioned to capture.” Morgan Stanley reiterates Nvidia as overweight The firm said it’s…
Iran has signaled that it is open to talks about its nuclear program with the United States if they are restricted to military concerns, a day after the country’s supreme leader had appeared to reject an overture from President Trump to hold discussions. “If the objective of negotiations is to address concerns vis-à-vis any potential militarization of Iran’s nuclear program, such discussions may be subject to consideration,” Iran’s mission to the United Nations said in a social media post on Sunday.It was unclear if the comments represented a shift in policy after Ayatollah Ali Khamenei, Iran’s supreme leader who has…
Truist Securities is taking a bite out of Cracker Barrel as the restaurant brand’s turnaround plan begins to take off. Analyst Jake Bartlett upgraded the company to buy from hold and increased his price target on shares by $4 to $55, which suggests 28.4% potential upside. “CBRL is still very early in its turnaround, but solid results in the last 2 quarters gives us confidence in a sustained improvement, which does not appear reflected in valuation,” Bartlett said in a note to clients. “You don’t have to believe in the full turnaround to see upside in the stock.” The stock…
A Redfin sign in front of a home for sale in Atlanta, Georgia.Elijah Nouvelage | Bloomberg | Getty ImagesRocket Companies said on Monday it would acquire real estate firm Redfin in an all-stock deal valued at $1.75 billion.Redfin’s shares rose about 70% before the bell.Founded in 2004, Redfin provides residential real estate brokerage and mortgage origination services along with reports on the U.S. housing market.The deal is expected to close in the second or third quarter, Detroit-based fintech Rocket said.Rocket shareholders will own about 95% of the combined company on a fully diluted basis, while Redfin shareholders will own the…
Medical bottles and syringe are seen with Novo Nordisk logo displayed on a screen in the background.Nurphoto | Nurphoto | Getty ImagesShares of Novo Nordisk fell on Monday, after the Danish pharmaceutical giant said its next-generation weight-loss drug CagriSema helped obese or overweight adult patients with type 2 diabetes drop 15.7% of their weight after 68 weeks.The company’s stock was down 5.4% at 11:22 a.m. London time.Novo Nordisk, which manufactures the fiercely popular weight-loss drug Wegovy, previously forecast weight loss of 25% for patients who take CagriSema. In another late-trial result published in December, the company found CagriSema helped patients…
U.S. President Donald Trump attends the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | ReutersGlobal market volatility and geopolitical turbulence in the wake of President Donald Trump’s return to the White House have led to warnings that the U.S. economy could be heading for a recession — but economists say that a downturn isn’t in the cards just yet.”I don’t think we will talk about a U.S. recession. The U.S economy is resilient, I would say, largely despite Donald Trump,” Holger Schmieding, chief economist at Berenberg Bank, told CNBC’s “Squawk Box…
An attractive entry point has opened up in shares of Samsara , according to Piper Sandler. Analyst James Fish upgraded Samsara to overweight from neutral and assigned a price target of $50.That suggests 41.4% upside for the software maker of connectivity software used in dash cams and for GPS fleet tracking. Fish’s upgrade comes after a massive slide in Samsara shares, which dropped more than 16% on Friday after the company gave lackluster first-quarter revenue guidance. The stock is now down roughly 19% year to date. “Our thesis is relatively unchanged: Samsara is a high-quality, durable > 20% growth story…
Leading happiness expert Arthur C. Brooks has a lot of knowledge about how to improve your well-being and outlook on life.In addition to his happiness course at Harvard University, Brooks shares many of the lessons he’s learned throughout his career as a social scientist in his weekly newsletter called, “The Art and Science of Happiness.”In his most recent newsletter, Brooks focuses on what the Greek philosopher Aristotle can teach us about happiness. “Instead of seeing it as something to be found, Aristotle believed it was something we attract by living well,” he wrote.When you cultivate these virtues, you’re setting the…
President Volodymyr Zelensky of Ukraine, working to repair his strained relationship with the United States and secure a favorable deal to end his country’s war with Russia, was scheduled to meet on Monday with Crown Prince Mohammed bin Salman in Saudi Arabia.The meeting between Mr. Zelensky and Prince Mohammed, the de facto Saudi leader, who has sought to take a central role on the world’s diplomatic stage, comes ahead of talks planned for Tuesday between Ukrainian and U.S. officials in the oil-rich Gulf state.The crown prince, once shunned internationally because of accusations of human rights abuses that he has denied,…