A woman walks by an AT&T store in Washington DC Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Danaher – Shares of the medical conglomerate jumped more htan 88% after the company reported better-than-expected earnings and revenue for its most recent quarter, citing higher sales … Read more
Check out the companies making headlines before the bell: AT&T (T) – AT&T fell 1.8% in the premarket, despite beating estimates on both the top and bottom lines for the second quarter, as it lowered its full-year free cash flow guidance. AT&T also reported a jump in quarterly wireless subscriber additions and raised its full-year … Read more
Workday co-founders and co-CEOs Aneel Bhusri (left) and Dave Duffield (center) applaud their company’s first trade after their IPO at the New York Stock Exchange on Oct. 12, 2012. Brendan McDermid | Reuters The last week of May put our minds slightly at ease with a relief rally (or rather, a bear market rally). Nonetheless, … Read more
Here are Wednesday’s biggest calls on Wall Street: Goldman Sachs lowers price target on Tesla to $ 1,000 from $ 1,200 Goldman lowered its price target on the automaker to $ 1,000 per share from $ 1,200, but kept its buy rating to “better reject additional supply chain constraints in the near-term, and weaker demand … Read more
Investors should consider buying Danaher given its attractive valuation and upside potential, according to RBC Capital Markets. Analyst Deane Dray upgraded shares of Danaher to outperform from sector perform, saying in a Tuesday note that investors should get defensive with the high-quality stock amid rising supply chain and inflation issues. The analyst also hiked his … Read more
Traders on the floor of the NYSE, March 29, 2022. Source: NYSE Earnings season is here, and it may distract investors from other issues, but it’s not likely to be the big driver of the overall market in the week ahead. Investors instead will keep an eye on the things that have been worrying the … Read more
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Here are the biggest calls on Wall Street on