Here are the biggest calls on Wall Street on Friday.
Credit Suisse initiated Sanderson Farms as outperform.J.P. Morgan reinstated coverage of ViacomCBS as overweight.Bank of America downgraded Hanesbrands to underperform from neutral.Executives of Etsy applaud as they open the Nasdaq MarketSite ahead of Etsy's initial public offering in New York, April 16, 2015.JMP Securities upgraded Snap to 'outperform' from 'perform'
JMP Securities upgraded the stock and said it was optimistic about Snap's ability to grow its user base.'s ability to grow its user base, increase engagement given newer products and services, and improve overall monetization as the service attracts more advertisers and share of ad budgets.
"We believe the chicken industry is in the early stages of a rebound in supply-demand dynamics that we expect will boost's EBIT margin from a cyclical low to a prolonged cyclical high . Chicken companies have come to the end of a three-year period of expansion that USDA forecasts will decelerate the pace of supply growth to 1.8% in 2020.
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