Analyst call of the day for CNBCPro subscribers: Evercore ISI reiterates Amazon as outperform and said it’s “staying patient with the long thesis on Amazon.” Subscribe to see the analyst calls of the day curated by CNBC Pro.
Here are Monday's biggest calls on Wall Street: BMO upgrading SL Green to outperform from market perform BMO said the real estate investment trust is "oversold." "SLG is the third most-shorted US REIT as concerns intensify over office demand and bank exposure to commercial real estate - coupled with SLG's high leverage and declining earnings." UBS reiterates Apple as buy UBS said data shows iPhone growth is turning positive and comps are easing for Apple.
In light of the concerns across the industry around funding and building risk of an economic slowdown, we see USB's risk/reward as attractive following the ~24% sell-off since March 1st." Morgan Stanley downgrades Marqeta to equal weight from overweight Morgan Stanley said in its downgrade of the card payment and solutions company that it sees too many negative catalysts.
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