Here are Wednesday’s biggest analyst calls: Nvidia, Tesla, Starbucks, Chipotle, Eli Lilly, Target, TJX Companies, Coinbase and more

Here are Wednesday’s biggest analyst calls: Nvidia, Tesla, Starbucks, Chipotle, Eli Lilly, Target, TJX Companies, Coinbase and more

Here are the biggest calls on Wall Street on Wednesday: Wolfe downgrades PulteGroup to peer perform from outperform Wolfe says the homebuilder is overvalued. “Valuation is the key driver of our PHM downgrade, while the company’s elevated exposure to Florida and balanced consumer segmentation likely limits upside to our estimates.” …

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It was a strong week for retail earnings. That doesn’t spell a consumer comeback

It was a strong week for retail earnings. That doesn’t spell a consumer comeback

Shoppers at a shopping center in Birmingham, United Kingdom, on February 11, 2024.  Nurphoto | Nurphoto | Getty Images Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods – it’s because they’re executing well and cash-strapped shoppers are choosing them over competitors.  …

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Are consumers pulling back on spending? It depends which CEO you ask

Are consumers pulling back on spending? It depends which CEO you ask

People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023.  Jeenah Moon | The Washington Post | Getty Images With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers. But Big Macs and kitchen …

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