Analyst call of the day for CNBCPro subscribers: Canaccord initiates Ulta as buy and said the beauty retailer still has plenty of upside. Subscribe to see the analyst calls of the day curated by CNBC Pro.
Here are Tuesday's biggest calls on Wall Street: Barclays reiterates Apple as equal weight Barclays said Apple advertising on its own apps is very underappreciated. "We believe AAPL advertising on its own apps is under-appreciated. Most ad revenues are generated on the App Store, with some contribution from News and Stocks." Canaccord initiates Ulta as buy Canaccord said the beauty retailer still has plenty of upside. "With Ulta trading at ~19x FY2 PE vs.
Morgan Stanley names Emerson Electric as a top pick Morgan Stanley named the electric manufacturing company as a top pick and said it sees several positive catalysts head. " EMR is one of the few idiosyncratic stories in Multis and becomes our new Top Pick." Read more about this call here .
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