J.R. Butts has worked on Wall Street for nearly a decade… and in recent years, his calls have returned HUGE gains of 158%… 165%… and 299%. But incredibly, he says his next call could return 886%—more than each of these combined!
Today, several brokerages upgraded the shares of four big names, including Netflix (NASDAQ:NFLX), Wynn Resorts Ltd (NASDAQ:WYNN), EOG Resources (NYSE:EOG), and Nordstrom (NYSE:JWN). Below, we provided the details for each upgrade:
The analyst outlined 5 key factors behind the downgrade to EW: 1) bearish Wholesale sector demand risk thesis, 2) continued volatility in China Market, 3) excess North America inventory, 4) potential demand erosion in both North America and EMEA, and 5) FX headwinds, mostly in Europe.
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