Stocks Supported by Hopes the US Government Will Soon Reopen

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The claims Via News extracted from this document. We point to the source; we don't replace it.

• Tariffs are an imposition of taxes on Americans, which is core power of Congress

  80% confidence

• Upgraded Celestica to buy from neutral with price target of $375

  80% confidence

• Upgraded Eli Lilly to outperform from market perform with price target of $1,104

  80% confidence

• Expects substantial rebound in US economy in Q1 with limited room for further rate cuts

  80% confidence

• 82% of S&P 500 companies that reported Q3 earnings beat forecasts, on course for best quarter since 2021

  80% confidence

• Q3 profits have risen 14.6% thus far, more than doubling expectations of 7.2% y/y

  80% confidence

• The effects of the tariffs have largely been confined to goods, with little spillover into services inflation or inflation expectations, which remain relatively well-anchored around our 2% target

  80% confidence

• Downgraded Applied Optoelectronics to sell from neutral with price target of $15

  80% confidence

• Raised price target on Albemarle to $85 from $70

  80% confidence

• Labor market is softening and wage growth is moderating, without pressure on labor costs

  80% confidence