CNBC did a deep dive through the most recent Wall Street research to find stocks with upside potential.
Toy maker Hasbro has "40%+ stock appreciation potential," Jefferies analyst Stephanie Wissink said in a note to clients this week.
The combination of the company's strong growth in digital gaming along with the recently acquired independent studio, Entertainment One makes for, "two powerful, higher-margin engines," Jefferies said.Energizer Holdings was the recipient of a rare double upgrade by analysts at Bank of America earlier this week. The firm also raised its price target on the manufacturer of batteries to $48 from $35 for a 20% "potential upside.
"Our prior rating of Underperform had been premised on our view that Auto Care challenges would take longer to remedy and that Battery cannibalization would be more onerous than the market had previously priced in," they said.Investor meetings between Visteon Corp. management and analysts has left analysts at Citi feeling slightly more bullish on the automotive electronics supplier.
While the firm is keeping its neutral rating on the company for now, it did add the stock to the "90-Day Catalyst Watch List" and looks forward to its guidance for the second half of the year. "We walked away feeling better about Visteon's ability to deliver H2 guidance," analyst Itay Michaeli said. "If Visteon can execute to its prior H2 guidance it would likely bolster confidence in the multi-year growth/margin story."Here's what else analysts are saying about stocks with upside:"We upgrade ENR to Buy from Underperform and raise our PO to $48 for 20% potential upside.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
When Wall Street Flips Municipal Bonds, Towns and Schools Pay the PriceA Wall Street Journal analysis shows municipal bonds are often underpriced: “That’s money being left on the table that costs taxpayers and rate payers and governments. That’s not the way it’s supposed to go.”
Read more »
‘Hustlers’ Review: Jennifer Lopez Dazzles In Stripper-Revenge Scam Against Wall Street GreedAll hail JLo, who manages to bring Hustlers up a few notches and marks a career best as her sheer force of personality and savvy, as well as often unfairly underrated acting ability that could put …
Read more »
Wall Street ends higher on trade, ECB stimulus hopesWall Street advanced on Thursday, and the S&P 500 ended the session within strik...
Read more »
Cramer: Wall Street may breathe easier because Biden did better than Warren in debate'Last night was a really important night for the stock market' because Joe Biden held his own against left-wing champion Elizabeth Warren, says CNBC Jim Cramer.
Read more »
Apple, Broadcom keep Wall Street gains in checkLosses in shares of U.S. technology majors Apple and Broadcom held the S&P 500 j...
Read more »