Investing.com -- Citi says this sector remains attractive even as new tariffs drag on consumer spending. The brokerage resumed coverage on U.S. advertising giants Omnicom and Interpublic Group with Buy ratings.Citi expects U.S. advertising spend to come in about 6% below pre-tariff estimates in 2025 and 5% lower in 2026. Citi lowered revenue forecasts for both firms by 3% and now expects orga ...
Investing.com - Although the retail sector appears to be one of the hardest-hit by U.S. President Donald Trump’s aggressive tariffs on China, some of these companies could be insulated from the levies following a multi-year push to diversify the countries they source products from, according to analysts at Telsey Group.Earlier this month, Trump slapped aggressive reciprocal tariffs on a ran ...
Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today!AppleWhat happened? On Monday, Keybanc upgraded Apple Inc (NASDAQ:AAPL) to Sector Weight without a price target.*TLDR: Tariff relief eases Apple’s risks. Keybanc stays cautious.What’s the full ...
Investing.com -- U.S. telecom stocks tend to outperform the broader market during periods of heightened volatility, but returns can vary widely depending on fundamentals, Bernstein said.AT&T (NYSE:T), Verizon (NYSE:VZ) and T-Mobile have all outperformed the S&P 500 year-to-date and are trading at the upper end of their post-COVID range, with T-Mobile reaching a record high. Bernstein ...