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Wealth! host Brad Smith takes a closer look at this morning's top trending tickers:
Starting with the solar energy sector, SolarEdge (SEDG) has received a downgrade from Bank of America analysts, citing a potential risk to the company's demand stemming from President-Elect Donald Trump's potential tariff policies. Additionally, Guggenheim has also downgraded both Sunnova (NOVA) and Sunrun (RUN).
Meanwhile, Dutch Bros (BROS) stock is soaring after reporting third quarter earnings that exceeded Wall Street's expectations. The coffee chain has also raised its full-year revenue outlook. Analysts from JPMorgan & Chase, Wedbush, and Stifel have all increased their price targets on Dutch Bros stock.
Finally, Hershey (HSY) is cutting its full-year outlook. The chocolate giant attributed this decision to higher cocoa prices (CC=F) and a "challenging consumer environment."
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
This post was written by Angel Smith