Last Updated on March 8, 2023 by Bitfinsider
Ferrari — Shares of the luxury carmaker increased by less than 1 percent on Monday morning after Morgan Stanley analyst Adam Jonas replaced Tesla with Ferrari as his top choice. Jonas mentioned Ferrari’s backlog and pricing power in a note to clients as reasons to increase his price estimate for the company by more than 10%.
Apple — The iPhone manufacturer gained 2% premarket after Goldman Sachs began coverage with a buy recommendation, stating that Apple’s services company could provide a substantial boost. The Wall Street investment bank’s 12-month price estimate of $199 suggests that Apple could gain more than 30 percent from here.
KB Home — Following a double reduction to underweight from overweight by JPMorgan, the homebuilder’s stock fell 1.4%. The company mentioned the expensive valuation of the shares.
Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.
