News Snapshot:
Here are Friday's biggest calls on Wall Street: Piper Sandler upgrades Rivian to overweight from neutral Piper said investors should buy the dip in shares of the EV company. "After watching last week's live stream, re-assessing our capex outlook, and considering the post-Q4 selloff, we feel compelled to upgrade RIVN from Neutral to Overweight." Bank of America reiterates Adobe as buy Bank of America said it was disappointed in the company's earnings results on Thursday but that it's standing by the stock. " Adobe reported disappointing Q1 results and introduced uncertainty by not updating FY24E guidance for digital media net...
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