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Hotter-than-expected inflation sent stocks and crypto tumbling Wednesday, and Wall Street analysts wasted no time reshuffling their targets on Thursday, with major calls hitting Bank of America, Netflix, PayPal, and several energy giants all at once.
Wall Street is reshuffling its bets ahead of earnings season, with major analysts cutting targets on AT&T, Adobe, RTX, and Pershing Square while loading up on names you might not expect. Here is what the smart money is watching on Tuesday.
Applied Aerospace & Defense (AADX) drew broad support from Wall Street on Monday as many brokerages initiated coverage with ‘Buy’ or ‘Outperform’ equivalent ratings.