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Analyst Calls on Friday: Studio Stock Expected to Rally Over 70%, Street’s Predictions for Dell Earnings

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On Friday, analysts on Wall Street discussed stocks such as Dell Technologies and Lionsgate Studios. Dell’s latest quarterly results led to a stock drop, but some analysts remained positive about the company. Citi initiated coverage of Lionsgate Studios with a buy rating. UBS upgraded Bilibili to a buy rating, citing a strong advertising outlook and potential for growth. Meanwhile, JPMorgan advised investors to buy the dip in Viasat, predicting a rebound in the stock price. Oppenheimer initiated coverage on Beazer Homes with an outperform rating, expecting growth in the company’s closing volumes. Seaport Research Partners upgraded Wynn Resorts to buy, believing the stock had been oversold in 2024. Wolfe Research upgraded Fifth Third Bank to outperform, citing steady performance.

UBS upgraded Bilibili to a buy rating and raised the price target, anticipating a 25% increase in stock value. The analyst highlighted the strong advertising outlook for Bilibili and the growth potential in the company’s legacy games business. They also mentioned the collaboration with e-commerce platforms to strengthen user traffic monetization. JPMorgan advised investors to buy the dip in Viasat, as the stock had experienced a significant decline year to date. The analyst sees potential for a rebound in the stock price as the company’s capacity ramps up. Oppenheimer initiated coverage on Beazer Homes with an outperform rating, based on expectations of growth in closing volumes and an attractive valuation. Beazer Homes’ READY series homes were highlighted for their energy efficiency standards.

Seaport Research Partners upgraded Wynn Resorts to buy, noting that the stock had been oversold in 2024. The analyst mentioned strong first-quarter results in Macau and resilience in the Las Vegas market as factors supporting the stock. Wolfe Research upgraded Fifth Third Bank to outperform, expecting the company to generate alpha in the regional bank sector. The analyst cited factors such as stronger loan growth, healthy reserves, and notable operating efficiency as reasons for the upgrade. Despite Dell’s post-earnings stock drop, major investment firms on Wall Street remained optimistic about the company’s future prospects. Bank of America and Goldman Sachs analysts reiterated buy ratings, citing the potential for AI server demand and margin improvements. Morgan Stanley expressed confidence in buying the dip in Dell, highlighting the momentum building around the company’s AI servers.

Citi initiated coverage of Lionsgate Studios with a buy rating, viewing the recent stock drop as a buying opportunity. The analyst mentioned the company’s successful track record as a pure play content company and the potential for multiple expansion following the spin-off from Lionsgate Entertainment. Overall, analysts shared positive outlooks on various stocks, highlighting growth prospects, resilient performance, and attractive valuations. Investors were advised to consider buying opportunities in companies with potential for rebound and long-term growth.

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