Dollar General, Wynn Resorts, Bumble: 3 stocks in focus

Morning Brief Hosts Seana Smith and Madison Mills check in on some of Yahoo Finance's trending tickers.

Citi has downgraded Dollar General (DG) to Sell from Neutral and slashed its price target to $73 from $91, citing a competitive landscape over the last five years.

Morgan Stanley has upgraded Wynn Resorts (WYNN) to Overweight from Equal Weight and lifted its price target to $104. The firm cited greater stability in Las Vegas and growth opportunities in the United Arab Emirates (UAE).

Keybanc has downgraded Bumble (BMBL) to Sector Weight from Overweight over concerns about the dating app's refresh and new features.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Melanie Riehl

Video transcript

Dollar General getting that downgrade from city to sell from neutral, cutting their price target to $73 from $91.

Citing the tough competitive landscape over the last five years, you see the stock recovering a bit up 4/10 of a percent.

I think that's because of the broader strength we've been seen in the consumer discretionary space.

But again, the competitive landscape being tough.

A dollar general known for value, but they say so is Walmart and Wal Mart is tough to be on price.

So bullish signal for Walmart here and a bearish one for Dollar General for any retailer to compete with Walmart, especially in this landscape.

Right?

Let's switch it over to one resort.

You're looking at it on your screen right now.

We got chairs up just about 5% of the company getting an upgrade to overweight from equal weight.

And Morgan Stanley, they raise the price or to 104 bucks a share.

The reason why, well, analysts are seeing greater stability in Las Vegas and also growth opportunity in the U A.

They're talking about the fact that despite despite some of that optimism that we did see play out in the markets this week.

The new stimulus measures in China, they don't think that's fully factored in to the stock price right now and taking a look at the year to date performance.

We are seeing underperformance relative to the broader markets here.

All right, let's get over to bumble, downgraded to sector way from over way over at key bank over concerns about the dating apps, fresh and new features like opening moves that allows women to pose an opening question to all possible matches in the contrast to the history of the app which is focused on male users putting that first effort in there.

Keep Bank saying that it undermines bumbles core differentiating factor.

I also want to mention that on Jones, the new CEO over there, the former CEO like there for over a year.

So tough to see the continued challenges for this dating app company.