00:00 Speaker A
Let’s turn out to some of today’s top analyst calls on Wall Street. We’re watching shares of Baidu, Carvana and Flutter Entertainment. That’s the parent company of FanDuel. First up, Baidu. JP Morgan upgraded its rating on the stock to overweight from neutral and raises its price target to $180. Now, the firm expects its cloud revenue to increase more than 60% in 2026, boosted by its in-house AI checks.
00:21 Speaker A
Next up, we’re watching shares of Carvana because Wedbush upgraded the stock to outperform from neutral, calling it the new used car king. That’s what Wedbush had said. The analyst Scott Devitt said it believes a recent pullback in shares is overdone and investors should take advantage of this period of weakness. The firm thinks Carvana will reach a leading market position by unit volume in the fourth quarter of 2026.
00:43 Speaker A
And last up, Flutter Entertainment, that’s the parent company of sports betting app, FanDuel. HSBC upgraded the stock to buy from hold, and the analyst said to buy the dip after the stock is down more than 25% year to date.
00:52 Speaker A
The analyst believes new state legislation in the US sports betting market could be a potential growth opportunity for the stock.
00:58 Speaker A
Keep it right here on Yahoo Finance. We’ll be tracking all the market moves and top calls throughout the session.
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