Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market

[ad_1] Wells Fargo is stepping back from the multitrillion-dollar market for U.S. mortgages amid regulatory pressure and the impact of higher interest rates. Instead of its previous goal of reaching…

This under-the-radar payments stock is a top sector pick that can rise 20%, Goldman Sachs says

[ad_1] Shift4 Payments is poised to have a very good year, according to Goldman Sachs. Analyst Will Nance upgraded Shift4 Payments to buy from neutral, calling it a top 2023…

Investor Stephen Weiss makes a tactical trade on improving inflation data

[ad_1] Stephen Weiss bought shares of Microsoft , which could be a tactical trade for investors after sentiment around growth stocks improved on some better inflation data. The chief investment…

Piper Sandler upgrades Oracle, says years of low growth are coming to an end

[ad_1] Oracle could jump more than 20% as it jumpstarts growth with Cloud, according to Piper Sandler. Analyst Brent Bracelin upgraded shares to overweight from neutral, and raised his price…

Goldman Sachs adds Alibaba to conviction buy list, says shares can rise more than 25%

[ad_1] The outlook for Alibaba has improved in 2023 as China reopens, according to Goldman Sachs. Analyst Ronald Keung added the stock to his conviction buy list, saying Alibaba is…

Piper Sandler upgrades Uber, says rising car prices will boost ride-sharing

[ad_1] The outlook for Uber has improved, and that should lead to a better stock performance in 2023, according to Piper Sandler. Analyst Alexander Potter upgraded shares to overweight from…

KeyBanc upgrades Visa and Mastercard, says credit card stocks will continue outperformance in 2023

[ad_1] Visa and Mastercard will do well once again in 2023 after outperforming last year, according to KeyBanc. Analyst Josh Beck raised his rating to overweight from sector weight on…