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The billionaire investor is known for taking big bets.
Here are Friday's top research calls, including a downgrade for Automatic Data Processing, new coverage of Charter and Coty, and upgrades for Deere and Ulta Beauty.
Consumers are far less likely to splurge on a large purchase than they might otherwise be.
May kicks off with a busy first week filled with earnings, monetary policy and a snapshot of the health of the economy.