From multi-week losing streaks to bear market rallies, it’s been a roller coaster ride for markets this year as investors weigh the risks of a more aggressive monetary policy and a growing chorus of recession warnings. Major US indices saw big bounces in Tuesday trading, reversing last week’s declines, but remained deep in the red … Read more
A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Tesla – Shares rose about 2.2% after UBS upgraded the electric vehicle stock to buy from neutral. The firm said Tesla’s pullback this year offers an “attractive … Read more
Here are Thursday’s biggest calls on Wall Street: UBS upgrades Tesla to buy from neutral UBS said in its upgrade of the automaker that its “operational outlook is stronger than ever before.” “We upgraded TSLA to Buy (from Neutral) with an unchanged $ 1,100 PT. TSLA is down ~ 35% ytd in line with other … Read more
The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, US, on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Campbell Soup – The food company saw shares gain 2.3% after reporting a better-than-expected quarterly report. Campbell posted an … Read more
The Deer & Co. John Deere 8R fully autonomous tractor is displayed ahead of the Consumer Electronics Show (CES) on January 4, 2022 in Las Vegas, Nevada. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in midday trading. Deere – The stock plummeted 11.4% after Deere reported a miss … Read more
Here are Friday’s biggest calls on Wall Street: Baird upgrades Comerica to outperform from neutral Baird said in its upgrade of the bank that it sees an attractive entry point. “Upgrading CMA to Outperform, bank sell-off starting to create opportunities. After banks and the related ‘rate trade’ benefitted from being the fashionable January / February … Read more
Check out the companies making headlines before the bell: Foot Locker (FL) – The athletic footwear and apparel retailer reported an adjusted quarterly profit of $ 1.60 per share, 5 cents above estimates. Revenue was slightly below forecasts, and same-store sales fell by less than half of what was anticipated by analysts. Foot Locker shares … Read more
Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter – The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $ 2.9 billion. The purchase came weeks after the Tesla CEO … Read more
Here are the biggest calls on Wall Street on