An e-commerce giant from China and a chemicals company were among the names being talked about by analysts on Friday.
Macquarie upgraded JD.com to outperform and called for roughly 17% upside ahead. Jefferies also raised its rating on DuPont to buy, noting shares can surge 30%. Check out the latest calls and chatter below. All times ET. 5:56 a.m.: Morgan Stanley downgrades Baidu, cites weak advertising outlook Morgan Stanley is moving to the sidelines on shares of Baidu as the Chinese Internet company braces for weak advertising growth.
"After a year-long organizational restructuring, we believe JD has now entered a new stage with core categories such as electronics/appliances and general merchandising to see recovering signals," she wrote. "JD Retail revenue rebounded to 6.8% yoy during 1Q24 from 3.4% yoy in the prior quarter, reinforcing JD's strong presence in the China retail market." Shares of JD.com have fallen about 8% over the last year. Jiang upped the firm's price target on U.S.
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