Here are the biggest calls on Wall Street on Friday
D.A. Davidson said its view does not reflect a negative view of the company or its ability to execute, but rather the size of the total addressable market and the number of frequent purchasers.has achieved a significant breakthrough which legitimizes a nascent segment within a $1.4T category; our thesis does not reflect a negative view of the company, the quality of its portfolio, or its ability to execute.
"We recently upgraded shares of Bank of America as we had expected economic conditions to improve. However, post the Fed's rate cut we got an escalation of the trade war which is now expected to lower economic growth and we now forecast further rate cuts from here which will pressureearnings.
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