Bank of America analysts identified several buying opportunities that could serve as safe havens in an unstable stock market. They reiterated buy ratings on AT&T, with a $34 price target, as well as on US Bancorp, Krispy Kreme, Madison Square Garden Entertainment and L3Harris Technologies. Krispy Kreme maintained its adjusted EBITDA guidance for fiscal 2026 despite higher edible oil and fuel costs, while its shares rose 20% this month. Madison Square Garden Entertainment benefited from Harry Styles’ contribution and scheduled 231 performances of Christmas Spectacular, compared with 215 last year, after its shares climbed 48% this year. L3Harris Technologies is focused on improving execution, expanding its international business, which generates 24% of revenue, and avoiding transformational mergers and acquisitions, while US Bancorp trades at an attractive valuation for an early-stage turnaround.
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