Bank of America is eyeing a tranche of stocks that could benefit from both market and business catalysts heading into the fourth quarter. September was the worst month of 2023 for both the S & P 500 and the Nasdaq Composite, slipping 4.9% and 5.8%, respectively. The 30-stock Dow Jones Industrial Average was also lower in September, falling 3.5% from the start of the month. The sell-off was somewhat typical of a historically weak month on Wall Street, but all three major indexes are still on...

General Electric is having a banner year, and Deutsche Bank thinks the industrial giant could see even more gains going forward. The bank initiated GE with a buy rating and a $141 per share price target. Deutsche’s forecast implies more than 27% upside from Wednesday’s close. GE has soared nearly 70% in 2023. That puts it on track for its biggest annual since at least 1972, FactSet data shows. GE YTD mountain General Electric stock has climbed more than 69% in 2023. Analyst Scott Deuschle...

Micron could be on the verge of gaining stronger pricing power, according to Deutsche Bank. The firm upgraded Micron stock to buy from hold on Sunday, and upgraded its target price to $85 from $65. Deutsche’s new forecast implies about 19% upside from Friday’s $71.53 close. Stock in the memory and storage solutions company has soared nearly 40% from the start of 2023. MU YTD mountain Micron stock. Analyst Sidney Ho says Micron’s pricing power with semiconductor direct random access memory is...

Investors should think twice about fleeing Block stock after website connectivity issues, according to Baird Equity Research. The firm reiterated an outperform rating on Block in a Monday note, and designated shares as a bullish fresh pick. However, Baird lowered its price target on the stock to $72 from $92, or about 36% upside from Friday’s $53.08 close. Shares of Block have pulled back more than 15% from the start of the year, including a 5.3% drop in Friday trading. SQ YTD mountain Block...

Deutsche Bank says the overselling in Kenvue stock could present an attractive entry point for investors. The firm upgraded shares of the Johnson & Johnson spinoff to buy in a Sunday note, albeit with an unchanged $27 per share price target. Deutsche Bank’s forecast implies nearly 27% upside from Friday’s $21.30 close. Kenvue stock has slipped more than 15% since going public in May. The stock’s 22% jump after its initial public offering valued the company at roughly $50 billion . The split...