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Stocks fall in early trading, pulling S&P 500 below record
Stocks fall in early trading, pulling S&P 500 below record
| June 14th | 2021  10:21AM
Stocks fall in early trading, pulling S&P 500 below record
Stocks fell in early trading on Wall Street Monday in a sluggish start to the week as investors await the latest take from the Federal Reserve on inflation. The S&P 500 fell 0.2% as of 10:14 a.m. Eastern. The Dow Jones Industrial Average fell 151 points, or 0.4%, to 34,328 and the Nasdaq rose 0.2%. The benchmark S&P 500 is sitting just below its latest record high set on Friday.
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Lordstown Motors' rough road continues; CEO and CFO are out
Lordstown Motors' rough road continues; CEO and CFO are out
| June 14th | 2021  10:07AM
Lordstown Motors' rough road continues; CEO and CFO are out
The top two executives at Lordstown Motors have resigned as problems at the Ohio electric truck startup continue to mount. CEO Steve Burns and Chief Financial Officer Julio Rodriguez stepped down, the company said early Monday, sending shares already down 40% this year tumbling 16% at the opening bell. The departures…
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Chipotle Makes Gains on New Analyst Sentiment
Chipotle Makes Gains on New Analyst Sentiment
| June 14th | 2021  10:00AM
Chipotle Makes Gains on New Analyst Sentiment
Fast-casual restaurant mainstay Chipotle Mexican Grill (NYSE:CMG) notched an extra 1.4% in premarket trading following new word from Raymond James. The gains have held on into this morning's session so far, and have added to the gains posted in premarket trading as well. The financial analyst bumped up its Chipotle stock rating, making it one of the most bullish analyses in the market today.
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Stocks are off to a weak start, pulling S&P 500 below record
Stocks are off to a weak start, pulling S&P 500 below record
| June 14th | 2021  9:49AM
Stocks are off to a weak start, pulling S&P 500 below record
Stocks are off to a sluggish start on Wall Street Monday, easing the S&P 500 index just below its latest record high. The benchmark index is also coming off its third weekly gain in a row. The S&P 500 slipped 0.2% in the first few minutes of trading. Lordstown Motors sank 18% after the CEO and CFO resigned as problems mount for the startup electric truck maker.
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 HEXO Corp Is A Growing Concern For Your Portfolio
 HEXO Corp Is A Growing Concern For Your Portfolio
| June 14th | 2021  9:05AM
 HEXO Corp Is A Growing Concern For Your Portfolio
Weak Results Belie HEXO Corp’s Fundamental Strength  HEXO Corp (NYSE: HEXO) has been one of our favorite Canadian cannabis companies for quite some time. The company started as one of Canada's smaller yet better run vertically integrated producers but is about to edge out its larger competitors and claim the number two spot if not…
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Lululemon (NASDAQ: LULU) Lines Up For A Run At Highs
Lululemon (NASDAQ: LULU) Lines Up For A Run At Highs
| June 14th | 2021  9:00AM
Lululemon (NASDAQ: LULU) Lines Up For A Run At Highs
For a fashion, specifically athletic fashion, company, Lululemon (NASDAQ: LULU) is trading very much like a tech stock. Maybe it has to do with them being listed on the tech heavy NASDAQ, but over the past 18 months they’ve traded broadly in line with the likes of Apple (NASDAQ: AAPL), Facebook (NASDAQ: FB), and Google (NASDAQ: GOOGL).  It…
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Is influencer marketing really going to die in the next few years?
Is influencer marketing really going to die in the next few years?
| June 14th | 2021  8:51AM
Is influencer marketing really going to die in the next few years?
"Influencer Marketing Will Die in 2023!" they made headlines earlier this year. Some worried and others celebrating the end of a trend, which, although it has brought consumers closer to brands, has also made certain lifestyles see unattainable. However, no publication really explained what the possible decline of an industry with millions of followers around the world is happening.
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Why Playing Video Games is Good for Your Business and Your Employees
Why Playing Video Games is Good for Your Business and Your Employees
| June 14th | 2021  8:00AM
Why Playing Video Games is Good for Your Business and Your Employees
As it becomes increasingly clear that remote work will remain a mainstay of how we do business, maintaining a healthy work/life balance is becoming more difficult, and more necessary, than ever before. As the line between work and life continues to blur, it is becoming crucially important that people spend time doing activities outside…
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Rough road goes on for Lordstown Motors; CEO and CFO are out
Rough road goes on for Lordstown Motors; CEO and CFO are out
| June 14th | 2021  7:57AM
Rough road goes on for Lordstown Motors; CEO and CFO are out
Lordstown Motors CEO Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from the startup commercial electric vehicle maker. Shares tumbled more than 11% before the opening bell. The announcement Monday comes less than a week after Lordstown cautioned that it may not be in business a year from now as it tries to secure funding to start full production of an electric pickup truck.
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Why Your Retirement Calculator Might Not Tell the Whole Story
Why Your Retirement Calculator Might Not Tell the Whole Story
| June 14th | 2021  7:00AM
Why Your Retirement Calculator Might Not Tell the Whole Story
I got to thinking about the retirement calculators that automatically pop up when I check my retirement account balances. In my case, I always get a message that says, "You are XX% on track toward your retirement goals."  When you check out an online calculator, you can use them, but remember that a retirement calculator could miss the boat…
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How to Profit From Value Investing
How to Profit From Value Investing
| June 14th | 2021  6:30AM
How to Profit From Value Investing
Simply put, value investing is an investment strategy in which investors look to buy stocks that are on sale. However, that is an oversimplification. Value investors are looking for that are trading below their intrinsic value.   This is an important concept to understand. Intrinsic value is what the company is really worth,…
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Americans stand trial in Japan, accused in Ghosn's escape
Carlos Ghosn
| June 14th | 2021  6:17AM
Americans stand trial in Japan, accused in Ghosn's escape
TOKYO (AP) — Two Americans charged with helping former Nissan chairman Carlos Ghosn flee Japan while he was facing accusations of financial misconduct agreed Monday that they took part in a scheme for him to escape the country. Statements by Michael Taylor and his son, Peter, on the opening day of their trial in Tokyo suggest the pair don’t plan to fight charges of assisting a criminal.
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Ferrari enters luxury fashion, targeting uninitiated youth
Ferrari enters luxury fashion, targeting uninitiated youth
| June 14th | 2021  6:09AM
Ferrari enters luxury fashion, targeting uninitiated youth
MARANELLO, Italy (AP) — Ferrari V12 production cars were suspended over the factory floor Sunday night as the 74-year-old luxury carmaker launched a new era as a lifestyles brand, with a runway show unveiling its first ready-to-wear collection targeting a younger generation that might not be aware of its Formula One racing pedigree and coveted performance…
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3 Top Stocks With Strong Earnings To Add To Your Watch List
3 Top Stocks With Strong Earnings To Add To Your Watch List
| June 14th | 2021  6:00AM
3 Top Stocks With Strong Earnings To Add To Your Watch List
We all know by now that meme stocks aren’t driven by any concerns about fundamentals; however, stocks like Silvergate Capital (NYSE: SI), Aviat Networks (NASDAQ: AVNW) and Denbury (NYSE: DEN) are riding high on the back of exceptionally strong earnings growth.  Typically, investors consider a growth stock to be one whose price zooms higher at a fast pace.
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The entrepreneur who wants your house to be famous and appear in a movie
The entrepreneur who wants your house to be famous and appear in a movie
| June 14th | 2021  5:44AM
The entrepreneur who wants your house to be famous and appear in a movie
Straight out of a horror movie , that's how it was last year for many industries. While some markets grew rapidly, others were shrinking until they were completely extinguished. The latter was the case of the audiovisual industry, which in the first six months of 2020 had lost $ 145 million . In many cities in Mexico and the world,…
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Learn about the tax benefits of saving for retirement
Learn about the tax benefits of saving for retirement
| June 14th | 2021  5:32AM
Learn about the tax benefits of saving for retirement
The possibility of retiring and having a dignified retirement is a complex task for Mexican workers. According to the Mercer and CFA Institute 2020 World Pension Index , Mexico's pension system is ranked 35 out of 39 globally and among the bottom in Latin America. This index qualifies and compares more than 50 indicators, among…
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Business model: How to make money with the health beauty of the feet
Business model: How to make money with the health beauty of the feet
| June 14th | 2021  5:03AM
Business model: How to make money with the health beauty of the feet
In the range of businesses related to health , the field of podiatry is being reinvented to attract new entrepreneurs interested in providing a service that we all need at least once a month: the care and beautification of the feet . Little by little the item has been transformed from the professionalization of the activity, health…
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Ruth’s Chris Stock is Sizzling
Ruth’s Chris Stock is Sizzling
| June 14th | 2021  5:00AM
Ruth’s Chris Stock is Sizzling
Steakhouse operator Ruths Hospitality Group (NASDAQ: RUTH) shares have recovered since the pandemic as it peaked off $28.75 highs. The reopening is well underway as the U.S. puts the pandemic in the rearview mirror with the acceleration of COVID vaccinations. With almost all restaurants open and operating with ever loosening capacity restrictions, the…
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Global stocks higher after Wall St gain ahead of Fed meeting
Global stocks higher after Wall St gain ahead of Fed meeting
| June 14th | 2021  4:41AM
Global stocks higher after Wall St gain ahead of Fed meeting
BEIJING (AP) — Global stock markets rose Monday as investors looked ahead to this week’s Federal Reserve meeting for hints of possible changes in ultra-low interest rates and other economic stimulus. London and Frankfurt opened higher while Tokyo also gained. Markets in China and Hong Kong were closed for a holiday. Trading has been muted as investors wait for Wednesday’s Fed meeting for signs of whether U.S.
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3 New IPO Stocks to Check Out Now
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| June 12th, 6:00 AM
3 New IPO Stocks to Check Out Now
Last year, investors witnessed a booming IPO market that saw a record 407 companies make their public debuts. Some of that momentum has clearly carried over into 2021, as we are still seeing tons of new companies issuing shares to the public for the first time. What’s great about the current IPO market activity is that there are so many exciting new companies to choose from.
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2 Specialty Retail Stocks to Add to Your Shopping List
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| June 13th, 1:00 AM
2 Specialty Retail Stocks to Add to Your Shopping List
Let’s face it – retail is one of the most competitive industries out there. Consumer preferences are constantly changing and it takes a lot for these types of businesses to earn shoppers’ hard-earned cash. That’s one of the reasons why investing in specialty retail stocks can be a great long-term strategy if you choose wisely.
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MarketBeat: Week in Review 6/5 – 6/11
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| June 12th, 4:00 AM
MarketBeat: Week in Review 6/5 – 6/11
Two themes in the market this week were meme stocks and inflation. And yes, despite meme stocks being inflated well beyond any fundamental metric, these are two different themes. By the way, inflation rose sharply but the market seems not to care. In fact, at the moment, the rise in prices is seen to be transitory in nature. If that’s true, then investors should start seeing normalization ahead.
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3 Top Stocks With Strong Earnings To Add To Your Watch List
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| June 14th, 6:00 AM
3 Top Stocks With Strong Earnings To Add To Your Watch List
We all know by now that meme stocks aren’t driven by any concerns about fundamentals; however, stocks like Silvergate Capital (NYSE: SI), Aviat Networks (NASDAQ: AVNW) and Denbury (NYSE: DEN) are riding high on the back of exceptionally strong earnings growth.  Typically, investors consider a growth stock to be one whose price zooms higher at a fast pace.
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Biden sells G-7 on global tax, but U.S. Congress is a hurdle
Biden sells G-7 on global tax, but U.S. Congress is a hurdle
| June 12th, 12:16 AM
Biden sells G-7 on global tax, but U.S. Congress is a hurdle
President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a far tougher sell. White House press secretary Jen Psaki said Friday that leaders of the Group of Seven — which also includes the United Kingdom, France, Canada, Germany, Italy and Japan — agreed with Biden on placing a global minimum tax of at least 15% on large companies.
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Apple reaffirms privacy stance amid Trump probe revelations
Apple reaffirms privacy stance amid Trump probe revelations
| June 11th, 8:35 PM
Apple reaffirms privacy stance amid Trump probe revelations
SAN RAMON, Calif. (AP) — Seeking to protect its image as a guardian of personal privacy, Apple maintains it was blindsided and handcuffed by a Trump administration probe that resulted in the company handing over phone data from two Democratic congressmen. Apple delivered its version of events Friday in response to news reports detailing the U.S.
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Pandemic relapse spells trouble for India's middle class
Pandemic relapse spells trouble for India's middle class
| June 12th, 2:53 AM
Pandemic relapse spells trouble for India's middle class
NEW DELHI (AP) — Ram Babu moved from his village to the Indian capital New Delhi in 1980, to clean cars. Soon, he learned to drive and got a job as a tour bus driver. Decades later, he set up his own company, Madhubani Tours and Travels. In March 2020, a stringent nationwide lockdown to fight the coronavirus pandemic froze economic activity overnight.
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How to Profit From Value Investing
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| June 14th, 6:30 AM
How to Profit From Value Investing
Simply put, value investing is an investment strategy in which investors look to buy stocks that are on sale. However, that is an oversimplification. Value investors are looking for that are trading below their intrinsic value.   This is an important concept to understand. Intrinsic value is what the company is really worth,…
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The Latest: Biden takes subtle jabs at Trump at end of G7
The Latest: Biden takes subtle jabs at Trump at end of G7
| June 13th, 10:30 AM
The Latest: Biden takes subtle jabs at Trump at end of G7
The Latest on the Group of Seven nations meeting being held in England: NEWQUAY, England — President Joe Biden is taking a series of subtle jabs at Donald Trump at the end of the Group of Seven summit, suggesting there was a “genuine sense of enthusiasm” among foreign leaders that the United States was engaged on world issues. …
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G-7 leaders agree on vaccines, China and taxing corporations
G-7 leaders agree on vaccines, China and taxing corporations
| June 13th, 1:21 PM
G-7 leaders agree on vaccines, China and taxing corporations
CARBIS BAY, England (AP) — Leaders of the Group of Seven wealthy nations staked their claim Sunday to leading the world out of the coronavirus pandemic and crisis, pledging more than 1 billion coronavirus vaccine doses to poorer nations, vowing to help developing countries grow while fighting climate change and backing a minimum tax on multinational…
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The Latest: Biden hints he could change Trump-era tariffs
The Latest: Biden hints he could change Trump-era tariffs
| June 13th, 10:58 AM
The Latest: Biden hints he could change Trump-era tariffs
The Latest on the Group of Seven nations meeting being held in England: NEWQUAY, England — President Joe Biden is hinting that he could make a change to the steel and aluminum tariffs originally imposed during the Trump administration. Asked Sunday at a news conference how Biden justified the tariffs to European allies…
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AP Interview: Iraq oil minister says gas sector a priority
Ihsan Abdul-Jabbar Ismael
| June 11th, 11:26 PM
AP Interview: Iraq oil minister says gas sector a priority
BAGHDAD (AP) — Iraq’s oil sector is rebounding after a catastrophic year triggered by the coronavirus pandemic, with key investment projects on the horizon, Iraq's oil minister said Friday. But he also warned that an enduring bureaucratic culture of fear threatens to stand in the way. Iraq is currently trading oil at $68 per barrel,…
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Ruth’s Chris Stock is Sizzling
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| June 14th, 5:00 AM
Ruth’s Chris Stock is Sizzling
Steakhouse operator Ruths Hospitality Group (NASDAQ: RUTH) shares have recovered since the pandemic as it peaked off $28.75 highs. The reopening is well underway as the U.S. puts the pandemic in the rearview mirror with the acceleration of COVID vaccinations. With almost all restaurants open and operating with ever loosening capacity restrictions, the…
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The Latest: Italy premier says talks on China dominated G7
The Latest: Italy premier says talks on China dominated G7
| June 13th, 11:43 AM
The Latest: Italy premier says talks on China dominated G7
The Latest on the Group of Seven nations meeting being held in England: NEWQUAY, England — Italian Premier Mario Draghi says the dominant theme of the Group of Seven summit was how to respond to China and other autocratic governments. Draghi said Sunday that China has the right to a great economy but that practices like…
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 HEXO Corp Is A Growing Concern For Your Portfolio
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| June 14th, 9:05 AM
 HEXO Corp Is A Growing Concern For Your Portfolio
Weak Results Belie HEXO Corp’s Fundamental Strength  HEXO Corp (NYSE: HEXO) has been one of our favorite Canadian cannabis companies for quite some time. The company started as one of Canada's smaller yet better run vertically integrated producers but is about to edge out its larger competitors and claim the number two spot if not…
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Odds of settling US-EU trade rifts? Hope may outrun progress
Odds of settling US-EU trade rifts? Hope may outrun progress
| June 14th, 12:19 AM
Odds of settling US-EU trade rifts? Hope may outrun progress
WASHINGTON (AP) — President Joe Biden has vowed to mend America’s trade relations with its European allies, which were stretched to the breaking point by President Donald Trump’s mercurial behavior, combative policies and aversion to multinational alliances. Yet when he meets Tuesday with European Union leaders in Brussels, Biden may find that making up is hard to do.
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G-7 pledge to share, but jostle for ground in the sandbox
G-7 pledge to share, but jostle for ground in the sandbox
| June 11th, 7:29 PM
G-7 pledge to share, but jostle for ground in the sandbox
CARBIS BAY, England (AP) — Group of Seven leaders brought pledges to share vaccine doses and make a fairer global economy Friday to a seaside summit in England, where British Prime Minister Boris Johnson said the coronavirus pandemic should not be allowed to leave a “lasting scar” on the world. The wealthy nations’ leaders were all smiles…
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The Latest: Pakistan to spend $1.1B on shots for adults
The Latest: Pakistan to spend $1.1B on shots for adults
| June 11th, 10:44 AM
The Latest: Pakistan to spend $1.1B on shots for adults
ISLAMABAD — Pakistan will spend $1.1 billion in the next fiscal year to import COVID-19 vaccines to inoculate most of the 100 million adult population. This announcement was made by finance minister Shaukat Tareen on Friday while presenting the annual budget for fiscal 2021-22 in the parliament. Pakistan’s fiscal year begins on July 1. …
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The Latest: Biden and wife have tea with Queen Elizabeth II
The Latest: Biden and wife have tea with Queen Elizabeth II
| June 13th, 12:38 PM
The Latest: Biden and wife have tea with Queen Elizabeth II
The Latest on the Group of Seven nations meeting being held in England: WINDSOR, England -- U.S. President Joe Biden and his wife, Jill, are greeting the United Kingdom’s Queen Elizabeth II at Windsor Castle. The Bidens emerged from a Land Rover on Sunday to meet the awaiting queen, who stood on a dais dressed in a pink hat and floral dress.
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PDC Energy (NASDAQ:PDCE) PT Raised to $65.00
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| June 14th, 10:32 AM
PDC Energy (NASDAQ:PDCE) PT Raised to $65.00
PDC Energy (NASDAQ:PDCE) had its price target upped by investment analysts at JPMorgan Chase & Co. from $51.00 to $65.00 in a report released on Monday, The Fly reports. The brokerage presently has an "overweight" rating on the energy producer's stock. JPMorgan Chase & Co.'s price target points to a potential upside of 31.34% from the stock's current price.Several other research analysts also recently weighed in on PDCE.
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Biogen (NASDAQ:BIIB) PT Raised to $436.00 at The Goldman Sachs Group
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| June 14th, 10:32 AM
Biogen (NASDAQ:BIIB) PT Raised to $436.00 at The Goldman Sachs Group
Biogen (NASDAQ:BIIB) had its price target boosted by equities research analysts at The Goldman Sachs Group from $246.00 to $436.00 in a research note issued on Monday, The Fly reports. The firm presently has a "neutral" rating on the biotechnology company's stock. The Goldman Sachs Group's target price suggests a potential upside of 7.74% from the…
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Synchrony Financial (NYSE:SYF) Given New $56.00 Price Target at Evercore ISI
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| June 14th, 10:32 AM
Synchrony Financial (NYSE:SYF) Given New $56.00 Price Target at Evercore ISI
Synchrony Financial (NYSE:SYF) had its price objective upped by research analysts at Evercore ISI from $49.00 to $56.00 in a research report issued on Monday, The Fly reports. The brokerage currently has an "outperform" rating on the financial services provider's stock. Evercore ISI's price objective suggests a potential upside of 14.22% from the company's…
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Chipotle Mexican Grill (NYSE:CMG) Price Target Cut to $1,720.00
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| June 14th, 10:32 AM
Chipotle Mexican Grill (NYSE:CMG) Price Target Cut to $1,720.00
Chipotle Mexican Grill (NYSE:CMG) had its price target reduced by Wells Fargo & Company from $1,818.00 to $1,720.00 in a research report issued to clients and investors on Monday, The Fly reports. The brokerage presently has an "overweight" rating on the restaurant operator's stock. Wells Fargo & Company's price objective would suggest a potential…
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Truist Raises Armstrong World Industries (NYSE:AWI) Price Target to $124.00
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| June 14th, 10:32 AM
Truist Raises Armstrong World Industries (NYSE:AWI) Price Target to $124.00
Armstrong World Industries (NYSE:AWI) had its price target lifted by equities researchers at Truist from $115.00 to $124.00 in a research note issued to investors on Monday, The Fly reports. The brokerage currently has a "buy" rating on the construction company's stock. Truist's target price would suggest a potential upside of 12.92% from the company's…
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Precigen (NASDAQ:PGEN) Stock Price Down 3.3% on Insider Selling
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| June 14th, 10:18 AM
Precigen (NASDAQ:PGEN) Stock Price Down 3.3% on Insider Selling
Precigen, Inc. (NASDAQ:PGEN)'s share price was down 3.3% during trading on Monday following insider selling activity. The stock traded as low as $7.03 and last traded at $7.09. Approximately 12,370 shares were traded during trading, a decline of 99% from the average daily volume of 1,530,370 shares. The stock had previously closed at $7.33.Specifically,…
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Cleveland-Cliffs (NYSE:CLF) Shares Down 5.6% Following Insider Selling
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| June 14th, 10:18 AM
Cleveland-Cliffs (NYSE:CLF) Shares Down 5.6% Following Insider Selling
Shares of Cleveland-Cliffs Inc. (NYSE:CLF) traded down 5.6% on Monday following insider selling activity. The stock traded as low as $23.04 and last traded at $23.08. 166,017 shares traded hands during trading, a decline of 99% from the average session volume of 22,018,410 shares. The stock had previously closed at $24.44.Specifically, Director Susan Miranda Green sold 18,000 shares of the firm's stock in a transaction on Tuesday, May 18th.
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Moderna (NASDAQ:MRNA) Stock Price Down 7% After Insider Selling
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| June 14th, 10:18 AM
Moderna (NASDAQ:MRNA) Stock Price Down 7% After Insider Selling
Moderna, Inc. (NASDAQ:MRNA) fell 7% during mid-day trading on Monday following insider selling activity. The company traded as low as $202.95 and last traded at $203.45. 47,719 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 11,039,204 shares. The stock had previously closed at $218.85.Specifically,…
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TripAdvisor (NASDAQ:TRIP) Shares Gap Down Following Insider Selling
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| June 14th, 10:18 AM
TripAdvisor (NASDAQ:TRIP) Shares Gap Down Following Insider Selling
TripAdvisor, Inc. (NASDAQ:TRIP) gapped down prior to trading on Monday after an insider sold shares in the company. The stock had previously closed at $43.02, but opened at $42.04. TripAdvisor shares last traded at $42.46, with a volume of 9,987 shares trading hands. Specifically, insider Lindsay Nelson sold 9,000 shares of the business's stock in a transaction that occurred on Wednesday, June 9th.
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Gatos Silver (NYSE:GATO) Shares Gap Down Following Insider Selling
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| June 14th, 10:18 AM
Gatos Silver (NYSE:GATO) Shares Gap Down Following Insider Selling
Shares of Gatos Silver, Inc. (NYSE:GATO) gapped down before the market opened on Monday following insider selling activity. The stock had previously closed at $18.12, but opened at $17.43. Gatos Silver shares last traded at $17.95, with a volume of 1,623 shares traded. Specifically, VP Philip Pyle sold 15,000 shares of the stock in a transaction that occurred on Tuesday, May 11th.
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REV Group (NYSE:REVG) Shares Gap Up Following Insider Buying Activity
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| June 14th, 10:18 AM
REV Group (NYSE:REVG) Shares Gap Up Following Insider Buying Activity
REV Group, Inc. (NYSE:REVG) shares gapped up before the market opened on Monday following insider buying activity. The stock had previously closed at $15.85, but opened at $16.49. REV Group shares last traded at $16.47, with a volume of 2,775 shares traded. Specifically, CEO Rodney M. Rushing bought 16,750 shares of the business's stock in a transaction dated Monday, March 29th.
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SITE Centers (NYSE:SITC) Reaches New 52-Week High After Analyst Upgrade
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| June 14th, 10:18 AM
SITE Centers (NYSE:SITC) Reaches New 52-Week High After Analyst Upgrade
Shares of SITE Centers Corp. (NYSE:SITC) hit a new 52-week high during mid-day trading on Monday after Morgan Stanley raised their price target on the stock from $14.50 to $15.75. Morgan Stanley currently has an equal weight rating on the stock. SITE Centers traded as high as $15.90 and last traded at $15.77, with a volume of 7237 shares. The stock…
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Avis Budget Group (NASDAQ:CAR) Hits New 52-Week High on Analyst Upgrade
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| June 14th, 10:18 AM
Avis Budget Group (NASDAQ:CAR) Hits New 52-Week High on Analyst Upgrade
Avis Budget Group, Inc. (NASDAQ:CAR)'s stock price hit a new 52-week high on Monday after Morgan Stanley raised their price target on the stock from $73.00 to $85.00. Morgan Stanley currently has an equal weight rating on the stock. Avis Budget Group traded as high as $94.79 and last traded at $93.75, with a volume of 915 shares changing hands. The…
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Prothena (NASDAQ:PRTA) Sets New 12-Month High Following Analyst Upgrade
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| June 14th, 10:18 AM
Prothena (NASDAQ:PRTA) Sets New 12-Month High Following Analyst Upgrade
Prothena Co. plc (NASDAQ:PRTA) reached a new 52-week high during trading on Monday after Royal Bank of Canada raised their price target on the stock from $28.00 to $50.00. Royal Bank of Canada currently has an outperform rating on the stock. Prothena traded as high as $47.22 and last traded at $46.85, with a volume of 305 shares changing hands. The…
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Boston Properties (NYSE:BXP) Hits New 1-Year High After Dividend Announcement
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| June 14th, 10:18 AM
Boston Properties (NYSE:BXP) Hits New 1-Year High After Dividend Announcement
Boston Properties, Inc. (NYSE:BXP)'s stock price hit a new 52-week high during trading on Monday following a dividend announcement from the company. The stock traded as high as $124.29 and last traded at $123.96, with a volume of 541 shares trading hands. The stock had previously closed at $123.17.The newly announced dividend which will be paid on Friday, July 30th.
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Philip Morris International (NYSE:PM) Sets New 12-Month High Following Dividend Announcement
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| June 14th, 10:18 AM
Philip Morris International (NYSE:PM) Sets New 12-Month High Following Dividend Announcement
Shares of Philip Morris International Inc. (NYSE:PM) hit a new 52-week high on Monday following a dividend announcement from the company. The company traded as high as $99.37 and last traded at $99.12, with a volume of 10388 shares trading hands. The stock had previously closed at $98.84.The newly announced dividend which will be paid on Monday, July 12th.
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YETI (NYSE:YETI) Now Covered by BNP Paribas
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| June 14th, 10:12 AM
YETI (NYSE:YETI) Now Covered by BNP Paribas
Equities research analysts at BNP Paribas initiated coverage on shares of YETI (NYSE:YETI) in a research note issued to investors on Monday, Briefing.com reports. The brokerage set an "outperform" rating and a $115.00 price target on the stock. BNP Paribas' price objective indicates a potential upside of 22.21% from the stock's current price.3 Reasons…
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Thor Industries (NYSE:THO) Coverage Initiated by Analysts at BNP Paribas
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| June 14th, 10:12 AM
Thor Industries (NYSE:THO) Coverage Initiated by Analysts at BNP Paribas
BNP Paribas initiated coverage on shares of Thor Industries (NYSE:THO) in a research note issued to investors on Monday, Briefing.com reports. The brokerage set a "neutral" rating and a $128.00 price target on the construction company's stock. BNP Paribas' price target points to a potential upside of 14.43% from the company's previous close.Lightning…
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Polaris (NYSE:PII) Coverage Initiated at BNP Paribas
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| June 14th, 10:12 AM
Polaris (NYSE:PII) Coverage Initiated at BNP Paribas
Investment analysts at BNP Paribas started coverage on shares of Polaris (NYSE:PII) in a report issued on Monday, Briefing.com reports. The firm set an "underperform" rating and a $113.00 price target on the stock. BNP Paribas' target price would suggest a potential downside of 14.33% from the stock's current price.Polaris Is An EV Stock Any Investor Can Own PII has been the topic of several other reports.
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