Here are the biggest analyst calls of the day: Qualcomm, Tesla, Chipotle, Tiffany & moreApril 17, 2019
Jefferies said negative EPS revisions could be a “weight” on the stock.
“We downgrade BAC to Hold, given negative EPS revisions (our ’20 down 3%) and not enough upside to warrant a Buy rating. After a very strong 4Q18 result, the 1Q19 print showed incremental challenges in numerous revenue areas. This spans both net int. income (higher deposit costs, less asset-side repricing) and fees (card fees, services charges tougher, adding to the well-known capital markets-related dips). We prefer putting new money into Citi among universals.”
Source of this (above) article: https://www.cnbc.com/2019/04/17/calls-of-the-day-qualcomm-tiffany-more.html