Bank of America Merrill Lynch

Bank of America Merrill Lynch presented its key takeaways from Cree, Inc. (NASDAQ: CREE)'s first earnings call with new CEO Gregg Lowe. BofA reiterated its Neutral rating on shares, but nudged up its price target from $31 to $32. Lowe's Maiden Earnings Call Analysts Krish Sankar and...

Bank of America Merrill Lynch downgraded AGCO Corporation (NYSE: AGCO) on data suggesting the global tractor market recovery is not materializing. The firm downgraded AGCO from Neutral to Underperform and lowered its price target for the company from $75 to $70. At the time of writing, the farm...

Reasoning that NewLink Genetics Corp (NASDAQ: NLNK) shares are undervalued, Bank of America Merrill Lynch initiated coverage at Buy with a $22 price target. At time of writing, shares were rallying 8.45 percent at $12.20. The Drug & The Mechanism Of Action NewLink Genetics is a clinical-...

After attending the Oculus Connect 4 conference, Bank of America Merrill Lynch analyst Justin Post has maintained a Buy on Facebook Inc (NASDAQ: FB) and a $190 price objective.  The biggest news was the announcement of the Oculus Go, a $199 standalone virtual reality device that's...

NVIDIA Corporation (NASDAQ: NVDA) is taking an assertive lead among self-driving car suppliers with the introduction of Drive PX Pegasus, its first product supporting Level 5 autonomy. Between the new supercomputer and the confidence of DHL Group, a fresh partner on self-driving delivery fleets,...

If you’re a trend follower, you’re probably wondering what the market’s cool kids are buying. Among semiconductors, four names stand out. Large-cap fund managers took more new stakes in Broadcom Ltd (NASDAQ: AVGO), Lam Research Corporation (NASDAQ: LRCX), Advanced Micro Devices,...

C.H. Robinson Worldwide Inc (NASDAQ: CHRW) earned a double upgrade at Bank of America Merrill Lynch Tuesday, as the firm focused on spot market beneficiaries in the rapidly rising truck pricing market. With the upgrade, C.H. Robinson joins BoA Merrill Lynch's Buys on truckload, or TL/Internodal...

Bank of America Merrill Lynch said in a note valuation of Kansas City Southern (NYSE: KSU) looks good for growth potential. The firm upgraded the shares of the company and lifted the price target. The rating on Kansas City Southern shares now go to Buy from Neutral and the price target from $...

After attending Linley Group's annual processor conference in Santa Clara, California, last week, Bank of America Merrill Lynch analysts are more positive on NVIDIA Corporation (NASDAQ: NVDA) and Advanced Micro Devices, Inc. (NASDAQ: AMD). Research analysts Vivek Arya, Adam Gonzales and Wills...

Previewing the third-quarter results of consumer/commercial financial services sector, Bank of America Merrill Lynch highlighted a pair trade. The firm downgraded shares of Synchrony Financial (NYSE: SYF), even as it said it remained bullish on American Express Company (NYSE: AXP). A pair...