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Stocks pull back from record highs in early US trading
Stocks pull back from record highs in early US trading
| April 19th | 2021  12:54PM
Stocks pull back from record highs in early US trading
Stocks were broadly lower in afternoon trading on Monday, easing off of their latest record highs from last week. Most of investors' attention will turn to company earnings, as the busiest time for quarterly results will be this week and next. The S&P 500 index was down 0.6% as of 12:47 p.m. Eastern. The Dow Jones Industrial…
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CoreCivic to settle shareholders lawsuit for $56 million
CoreCivic to settle shareholders lawsuit for $56 million
| April 19th | 2021  12:12PM
CoreCivic to settle shareholders lawsuit for $56 million
NASHVILLE, Tenn. (AP) — CoreCivic says it will pay $56 million to settle a lawsuit by shareholders who accused the private prison operator of inflating its stock prices by misrepresenting the quality and value of its services. The lawsuit was filed in 2016, when CoreCivic's stock fell after the U.S. Department of Justice directed the Bureau of Prisons to phase out contracts with private operators.
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Foxconn, Wisconsin reach new deal on scaled back facility
Donald Trump
| April 19th | 2021  12:00PM
Foxconn, Wisconsin reach new deal on scaled back facility
MADISON, Wis. (AP) — Foxconn Technology Group, the world's largest electronics maker, has reached a new deal with reduced tax breaks for its scaled back manufacturing facility in southeast Wisconsin, Gov. Tony Evers and the the company announced on Monday. Details of the new deal were not immediately released. It was scheduled to be approved…
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GameStop Up 8% in Early Trading as Rosters Shift and Kitties Roar
GameStop Up 8% in Early Trading as Rosters Shift and Kitties Roar
| April 19th | 2021  11:15AM
GameStop Up 8% in Early Trading as Rosters Shift and Kitties Roar
GameStop (NYSE:GME) has been one of the most explosive stocks of 2021 so far. Back in early 2021, the stock was struggling to get past the $20 per share mark, and it had spent most of 2020 down in the single-digit doldrums. That all changed with mid-January, as GameStop stock exploded to ultimately reach a 52-week high of $483 per share at one point.
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The Lovesac Company Gains 9.5% Following Its Earnings Reports
The Lovesac Company Gains 9.5% Following Its Earnings Reports
| April 19th | 2021  11:09AM
The Lovesac Company Gains 9.5% Following Its Earnings Reports
By some accounts, The Lovesac Company (NASDAQ:LOVE) has come out of nowhere. Its central value proposition, however, makes it a company to pay attention to. Lovesac has produced a product, and a stock, that people increasingly love, and its latest earnings report demonstrated that the fundamentals still matter, even in an environment like the one we're facing.
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Coke sales rebound as vaccinations roll out and venues open
Coke sales rebound as vaccinations roll out and venues open
| April 19th | 2021  10:51AM
Coke sales rebound as vaccinations roll out and venues open
Sales are steadily improving at Coca-Cola Co. as vaccinations allow for the opening of restaurants and offices in many regions globally. Coke historically had booked half its sales from restaurants, stadiums and other public places. The pandemic broadsided the company. As of March, case volumes had returned to 2019 levels, the beverage giant said.
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Bellwether Alcoa Quietly Rises After Blow Out Quarter
Bellwether Alcoa Quietly Rises After Blow Out Quarter
| April 19th | 2021  10:45AM
Bellwether Alcoa Quietly Rises After Blow Out Quarter
Alcoa: The Bellwether Is Back   Alcoa (NYSE: AA) was long the bellwether for the market but something changed. The product, the business, and the stock fell out of favor under the influence of multiple factors that have left it the undervalued company it is today. But that was then. This is now. Now Alcoa is in the best shape it's been in for years and demand for aluminum is on the rise.
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Biden feels heat on emissions goal as climate summit nears
Joe Biden
| April 19th | 2021  10:28AM
Biden feels heat on emissions goal as climate summit nears
WASHINGTON (AP) — As President Joe Biden convenes a virtual climate summit on Thursday with 40 world leaders, he faces a vexing task: how to put forward a nonbinding but symbolic goal to reduce greenhouse gas emissions that will have a tangible impact on climate change efforts not only in the U.S. but throughout the world. The emissions…
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UK to assess security implications of Nvidia takeover of Arm
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| April 19th | 2021  10:05AM
UK to assess security implications of Nvidia takeover of Arm
LONDON (AP) — The British government has asked regulatory authorities to investigate the proposed takeover of computer chip design firm Arm Holdings by the U.S. tech firm Nvidia, citing national security grounds as one of its concerns. In a statement Monday, Culture Secretary Oliver Dowden ordered the U.K.’s independent competition watchdog to begin a “phase one’” investigation of the $40 billion deal.
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Coca-Cola Exits Recession, Growth On Tap
Coca-Cola Exits Recession, Growth On Tap
| April 19th | 2021  9:45AM
Coca-Cola Exits Recession, Growth On Tap
The Coca-Cola Company Moves Up After Q1 Earnings  When it comes to consumer staples and the beverage industry we prefer Pepsico (NASDAQ: PEP) over Coke (NYSE: KO) for its value, dividend growth, and diversification. When it comes to the reopening and a play on food-away-from-home, travel, and leisure Coke is it. The company is by far the leading choice among both consumers and establishments when it comes to beverage service.
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Winners of $20M contest make concrete to trap carbon dioxide
Peter Diamandis, Elon Musk
| April 19th | 2021  9:32AM
Winners of $20M contest make concrete to trap carbon dioxide
CHEYENNE, Wyo. (AP) — Organizers of a $20 million contest to develop products from greenhouse gas that flows from power plants announced two winners Monday ahead of launching a similar but much bigger competition backed by Elon Musk. Both winners made concrete that trapped carbon dioxide, keeping it out of the atmosphere, where it can contribute to climate change.
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Applied Materials Stock is a Chip Shortage Recovery Play
Applied Materials Stock is a Chip Shortage Recovery Play
| April 19th | 2021  8:45AM
Applied Materials Stock is a Chip Shortage Recovery Play
Semiconductor equipment maker Applied Materials (NASDAQ: AMAT) stock went parabolic from November 2020 more than doubling and undeterred by the meltdown of the Nasdaq 100. Shares eventually hit all-time highs of $143 on April 5, 2021. The Company is a pandemic and post-pandemic benefactor as the demand for semiconductors have outstripped supply causing many top-tier companies to cut their guidance.
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'Britcoin' digital currency being considered by UK
'Britcoin' digital currency being considered by UK
| April 19th | 2021  8:30AM
'Britcoin' digital currency being considered by UK
LONDON (AP) — British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak touted as "Britcoin." The Bank of England and the Treasury said Monday that they will work together to assess the benefits of a central bank digital currency, at a time when cash payments are generally on…
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Sunrun (NASDAQ: RUN) Eyes Brighter Days Ahead
Sunrun (NASDAQ: RUN) Eyes Brighter Days Ahead
| April 19th | 2021  8:30AM
Sunrun (NASDAQ: RUN) Eyes Brighter Days Ahead
After sustaining a 50% drop, it looks like shares of Sunrun (NASDAQ: RUN) is about to start off on the road to recovery. The residential solar panel company was one of the hottest stocks of 2020, and managed to log a 1,000% run, the peak of which came in early January. As interest rates started popping around that time, however, its shares were caught…
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New SUV models star at China auto show under virus controls
New SUV models star at China auto show under virus controls
| April 19th | 2021  8:07AM
New SUV models star at China auto show under virus controls
SHANGHAI (AP) — Volkswagen, Ford and Chinese brands unveiled new SUVs for China on Monday at the Shanghai auto show, the industry’s biggest marketing event in a year overshadowed by the coronavirus pandemic. Automakers are looking to China, the biggest auto market by sales volume and the first major economy to rebound from the pandemic,…
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Leadership shakeup continues at GameStop, CEO to depart
Leadership shakeup continues at GameStop, CEO to depart
| April 19th | 2021  7:57AM
Leadership shakeup continues at GameStop, CEO to depart
The overhaul in the top ranks of GameStop continues with the announced departure of CEO George Sherman at the end of July. Company shares rose more than 8% before the opening bell Monday. Less than two weeks ago, the Grapevine, Texas, company announced the nomination of Chewy founder Ryan Cohen as chairman of the board, a major investor in the floundering video game retailer.
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Coca-Cola sales rise as vaccinations roll out, venues open
Coca-Cola sales rise as vaccinations roll out, venues open
| April 19th | 2021  7:29AM
Coca-Cola sales rise as vaccinations roll out, venues open
Sales are steadily improving at Coca-Cola Co. as vaccinations allow for the opening of stadiums, restaurants and theaters in many regions globally. Sales rose 5% in the January-March period this year, the Atlanta company said Monday, helped by strong growth in China and India. But the recovery is uneven. Case volume declined in North…
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3 Midcap Building Industry Stocks Constructing Good Price Action
3 Midcap Building Industry Stocks Constructing Good Price Action
| April 19th | 2021  1:00AM
3 Midcap Building Industry Stocks Constructing Good Price Action
As midcap stocks as an asset class are on the rise, Installed Building Products (NYSE: IBP), SiteOne Landscape Supply (NYSE:SITE) and Masonite International (NYSE:DOOR) are price leaders.  Academic research has shown that smaller stocks tend to outperform larger peers over time. While there’s been debate recently if the small-cap premium…
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Earnings Could Catapult Chipotle Stock to Fresh All-Time Highs
Earnings Could Catapult Chipotle Stock to Fresh All-Time Highs
| April 19th | 2021  1:00AM
Earnings Could Catapult Chipotle Stock to Fresh All-Time Highs
Chipotle Mexican Grill (NYSE: CMG) is set to report its first-quarter earnings on Wednesday after the bell. The burrito maker’s shares have been rangebound for much of 2021, but are within striking distance of all-time highs. A strong report could easily send shares off to the races. Is it reasonable to expect a strong report? To answer that…
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3 Mega-Cap Stocks to Build Your Portfolio Around
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| April 17th, 5:04 AM
3 Mega-Cap Stocks to Build Your Portfolio Around
The concept of building your portfolio around several core positions that offer upside and consistent returns is a great way to approach long-term investing. By emphasizing buying large positions in companies with stable earnings and lower volatility, you can feel more comfortable taking risks with the rest of your portfolio and won’t have to worry as much about massive drawdowns in your account.
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MarketBeat: Week in Review 4/12 – 4/16
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| April 17th, 1:00 AM
MarketBeat: Week in Review 4/12 – 4/16
This week investors got a reminder that not all big banks are created equal. While some banks delivered strong earnings, less came in mixed. Still, there was nothing in the numbers to suggest that the economic recovery is slowing down. But that was before the FDA ordered a pause for the Johnson & Johnson vaccine. Right now, a sense of cautious optimism prevails, but that could change.
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Coast Guard: 2 more capsize victims recovered off Louisiana
Coast Guard: 2 more capsize victims recovered off Louisiana
| April 16th, 10:45 PM
Coast Guard: 2 more capsize victims recovered off Louisiana
PORT FOURCHON, La. (AP) — Divers searching the site of a capsized lift boat off Louisiana recovered two more unresponsive crewmembers late Friday, the Coast Guard said after another day of frantic waiting by family members worried for the fate of those who went missing earlier this week. Petty Officer Jonathan Lally, a Coast Guard spokesman,…
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Applied Materials Stock is a Chip Shortage Recovery Play
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| April 19th, 8:45 AM
Applied Materials Stock is a Chip Shortage Recovery Play
Semiconductor equipment maker Applied Materials (NASDAQ: AMAT) stock went parabolic from November 2020 more than doubling and undeterred by the meltdown of the Nasdaq 100. Shares eventually hit all-time highs of $143 on April 5, 2021. The Company is a pandemic and post-pandemic benefactor as the demand for semiconductors have outstripped supply causing many top-tier companies to cut their guidance.
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How the Kremlin provides a safe harbor for ransomware
How the Kremlin provides a safe harbor for ransomware
| April 16th, 5:15 PM
How the Kremlin provides a safe harbor for ransomware
BOSTON (AP) — A global epidemic of digital extortion known as ransomware is crippling local governments, hospitals, school districts and businesses by scrambling their data files until they pay up. Law enforcement has been largely powerless to stop it. One big reason: Ransomware rackets are dominated by Russian-speaking cybercriminals…
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After child dies, US regulator warns about Peloton treadmill
After child dies, US regulator warns about Peloton treadmill
| April 17th, 11:44 PM
After child dies, US regulator warns about Peloton treadmill
NEW YORK (AP) — Safety regulators warned people with kids and pets Saturday to immediately stop using a treadmill made by Peloton after one child died and others were injured. The U.S. Consumer Product Safety Commission said children and at least one pet were pulled, pinned and entrapped under the rear roller of the Tread+ treadmill,…
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3 Midcap Building Industry Stocks Constructing Good Price Action
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| April 19th, 1:00 AM
3 Midcap Building Industry Stocks Constructing Good Price Action
As midcap stocks as an asset class are on the rise, Installed Building Products (NYSE: IBP), SiteOne Landscape Supply (NYSE:SITE) and Masonite International (NYSE:DOOR) are price leaders.  Academic research has shown that smaller stocks tend to outperform larger peers over time. While there’s been debate recently if the small-cap premium…
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After child death, US says to stop using Peloton treadmill
After child death, US says to stop using Peloton treadmill
| April 17th, 1:18 PM
After child death, US says to stop using Peloton treadmill
NEW YORK (AP) — Safety regulators warned people with kids and pets Saturday to immediately stop using a treadmill made by Peloton after one child died and nearly 40 others were injured. The U.S. Consumer Product Safety Commission said it received reports of children and a pet being pulled, pinned and entrapped under the rear roller of the Tread+ treadmill, leading to fractures, scrapes and the death of one child.
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Georgia tire plant plans $22M expansion to boost production
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| April 16th, 5:34 PM
Georgia tire plant plans $22M expansion to boost production
MACON, Ga. (AP) — A tire plant will spend $21.8 million to expand production in middle Georgia. Kumho Tire and Macon-Bibb Mayor Lester Miller announced the expansion Thursday. The plant, which opened with a capacity of about 4 million tires a year, will be able to make another 500,000 tires a year. Local…
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Sunrun (NASDAQ: RUN) Eyes Brighter Days Ahead
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| April 19th, 8:30 AM
Sunrun (NASDAQ: RUN) Eyes Brighter Days Ahead
After sustaining a 50% drop, it looks like shares of Sunrun (NASDAQ: RUN) is about to start off on the road to recovery. The residential solar panel company was one of the hottest stocks of 2020, and managed to log a 1,000% run, the peak of which came in early January. As interest rates started popping around that time, however, its shares were caught…
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Families await news of missing workers on capsized ship
Families await news of missing workers on capsized ship
| April 16th, 9:08 PM
Families await news of missing workers on capsized ship
PORT FOURCHON, La. (AP) — Worried family members were waiting Friday to hear the fate of 11 workers still missing after a lift boat capsized earlier this week off Louisiana while the Coast Guard confirmed it pulled a second body from the Gulf of Mexico's waters. Rescuers in the air and the sea have been searching for the 19 workers who…
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US West prepares for possible 1st water shortage declaration
US West prepares for possible 1st water shortage declaration
| April 17th, 12:25 PM
US West prepares for possible 1st water shortage declaration
CARSON CITY, Nev. (AP) — The man-made lakes that store water supplying millions of people in the U.S. West and Mexico are projected to shrink to historic lows in the coming months, dropping to levels that could trigger the federal government's first-ever official shortage declaration and prompt cuts in Arizona and Nevada. The U.S. Bureau…
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The Latest: Decreasing demand for vaccines in Kansas
The Latest: Decreasing demand for vaccines in Kansas
| April 16th, 5:05 PM
The Latest: Decreasing demand for vaccines in Kansas
MISSION, Kan. — Some Kansas counties are rejecting new COVID-19 vaccine shipments or reducing their orders because of decreased demand for the drugs, worrying health officials who say mass vaccinations are the only path to a return to normalcy. Dennis Kriesel, the executive director of the Kansas Association of Local Health Departments, said Friday that the shift occurred in the past couple weeks.
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Wunderkind ex-mayor to face jurors in fraud, bribery case
Jasiel Correia
| April 18th, 10:02 AM
Wunderkind ex-mayor to face jurors in fraud, bribery case
BOSTON (AP) — After he was elected mayor of Fall River, Massachusetts, at just 23 years old, it seemed Jasiel Correia's political career had nowhere to go but up. Bright and dynamic, Correia charmed voters by portraying himself as a successful entrepreneur who could revive the struggling old mill city. Prosecutors say in reality he was…
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VW, Ford unveil SUVs at China auto show under virus controls
VW, Ford unveil SUVs at China auto show under virus controls
| April 19th, 6:53 AM
VW, Ford unveil SUVs at China auto show under virus controls
SHANGHAI (AP) — Volkswagen, Ford and Chinese brands unveiled new SUVs for China on Monday at the Shanghai auto show, the industry’s biggest marketing event in a year overshadowed by the coronavirus pandemic. Automakers are looking to China, the biggest auto market by sales volume and the first major economy to rebound from the pandemic,…
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Coca-Cola Exits Recession, Growth On Tap
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| April 19th, 9:45 AM
Coca-Cola Exits Recession, Growth On Tap
The Coca-Cola Company Moves Up After Q1 Earnings  When it comes to consumer staples and the beverage industry we prefer Pepsico (NASDAQ: PEP) over Coke (NYSE: KO) for its value, dividend growth, and diversification. When it comes to the reopening and a play on food-away-from-home, travel, and leisure Coke is it. The company is by far the leading choice among both consumers and establishments when it comes to beverage service.
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Stocks pull back from record highs in early US trading
Stocks pull back from record highs in early US trading
| April 19th, 12:54 PM
Stocks pull back from record highs in early US trading
Stocks were broadly lower in afternoon trading on Monday, easing off of their latest record highs from last week. Most of investors' attention will turn to company earnings, as the busiest time for quarterly results will be this week and next. The S&P 500 index was down 0.6% as of 12:47 p.m. Eastern. The Dow Jones Industrial…
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Foxconn, Wisconsin reach new deal on scaled back facility
Donald Trump
| April 19th, 12:00 PM
Foxconn, Wisconsin reach new deal on scaled back facility
MADISON, Wis. (AP) — Foxconn Technology Group, the world's largest electronics maker, has reached a new deal with reduced tax breaks for its scaled back manufacturing facility in southeast Wisconsin, Gov. Tony Evers and the the company announced on Monday. Details of the new deal were not immediately released. It was scheduled to be approved…
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Winners of $20M contest make concrete to trap carbon dioxide
Peter Diamandis, Elon Musk
| April 19th, 9:32 AM
Winners of $20M contest make concrete to trap carbon dioxide
CHEYENNE, Wyo. (AP) — Organizers of a $20 million contest to develop products from greenhouse gas that flows from power plants announced two winners Monday ahead of launching a similar but much bigger competition backed by Elon Musk. Both winners made concrete that trapped carbon dioxide, keeping it out of the atmosphere, where it can contribute to climate change.
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Haemonetics (NYSE:HAE) PT Lowered to $108.00
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| April 19th, 1:08 PM
Haemonetics (NYSE:HAE) PT Lowered to $108.00
Haemonetics (NYSE:HAE) had its target price lowered by equities research analysts at Needham & Company LLC from $158.00 to $108.00 in a research note issued on Monday, Benzinga reports. The brokerage currently has a "buy" rating on the medical instruments supplier's stock. Needham & Company LLC's price objective would indicate a potential upside of…
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Oppenheimer Boosts Alphabet (NASDAQ:GOOG) Price Target to $2,350.00
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| April 19th, 1:08 PM
Oppenheimer Boosts Alphabet (NASDAQ:GOOG) Price Target to $2,350.00
Alphabet (NASDAQ:GOOG) had its price objective lifted by investment analysts at Oppenheimer from $2,250.00 to $2,350.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has an "outperform" rating on the information services provider's stock. Oppenheimer's price target points to a potential upside of 2.54% from the stock's…
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Starbucks (NASDAQ:SBUX) PT Raised to $135.00 at Oppenheimer
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| April 19th, 1:07 PM
Starbucks (NASDAQ:SBUX) PT Raised to $135.00 at Oppenheimer
Starbucks (NASDAQ:SBUX) had its price objective hoisted by investment analysts at Oppenheimer from $122.00 to $135.00 in a note issued to investors on Monday, Benzinga reports. The firm currently has an "outperform" rating on the coffee company's stock. Oppenheimer's price target points to a potential upside of 14.36% from the company's previous close.Starbucks…
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Twitter (NYSE:TWTR) PT Raised to $85.00 at Oppenheimer
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| April 19th, 1:07 PM
Twitter (NYSE:TWTR) PT Raised to $85.00 at Oppenheimer
Twitter (NYSE:TWTR) had its price objective hoisted by analysts at Oppenheimer from $70.00 to $85.00 in a report released on Monday, Benzinga reports. The brokerage currently has an "outperform" rating on the social networking company's stock. Oppenheimer's price target indicates a potential upside of 26.21% from the stock's previous close.Time to…
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Viper Energy Partners LP (NASDAQ:VNOM) Receives Average Recommendation of "Buy" from Brokerages
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| April 19th, 12:50 PM
Viper Energy Partners LP (NASDAQ:VNOM) Receives Average Recommendation of "Buy" from Brokerages
Viper Energy Partners LP (NASDAQ:VNOM) has received an average recommendation of "Buy" from the fourteen analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $15.23.
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Maxim Integrated Products, Inc. (NASDAQ:MXIM) Receives Consensus Rating of "Hold" from Brokerages
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| April 19th, 12:50 PM
Maxim Integrated Products, Inc. (NASDAQ:MXIM) Receives Consensus Rating of "Hold" from Brokerages
Shares of Maxim Integrated Products, Inc. (NASDAQ:MXIM) have been given a consensus recommendation of "Hold" by the sixteen research firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have issued a buy recommendation on the company.
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Stryker Co. (NYSE:SYK) Given Consensus Recommendation of "Buy" by Analysts
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| April 19th, 12:50 PM
Stryker Co. (NYSE:SYK) Given Consensus Recommendation of "Buy" by Analysts
Shares of Stryker Co. (NYSE:SYK) have received an average recommendation of "Buy" from the twenty-five research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, fourteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company.
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Medtronic plc (NYSE:MDT) Receives Consensus Recommendation of "Buy" from Analysts
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| April 19th, 12:50 PM
Medtronic plc (NYSE:MDT) Receives Consensus Recommendation of "Buy" from Analysts
Medtronic plc (NYSE:MDT) has received a consensus recommendation of "Buy" from the twenty-eight ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating on the company. The average…
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Las Vegas Sands Corp. (NYSE:LVS) Given Consensus Recommendation of "Buy" by Analysts
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| April 19th, 12:34 PM
Las Vegas Sands Corp. (NYSE:LVS) Given Consensus Recommendation of "Buy" by Analysts
Shares of Las Vegas Sands Corp. (NYSE:LVS) have been given an average recommendation of "Buy" by the eighteen brokerages that are currently covering the stock, Marketbeat reports. Eight equities research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $59.59.
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GlaxoSmithKline plc (NYSE:GSK) Given Average Recommendation of "Hold" by Brokerages
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| April 19th, 12:34 PM
GlaxoSmithKline plc (NYSE:GSK) Given Average Recommendation of "Hold" by Brokerages
Shares of GlaxoSmithKline plc (NYSE:GSK) have received a consensus recommendation of "Hold" from the fourteen analysts that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $41.00.
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Union Pacific Co. (NYSE:UNP) Given Consensus Recommendation of "Buy" by Brokerages
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| April 19th, 12:34 PM
Union Pacific Co. (NYSE:UNP) Given Consensus Recommendation of "Buy" by Brokerages
Union Pacific Co. (NYSE:UNP) has earned a consensus recommendation of "Buy" from the twenty-six analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, fifteen have given a buy recommendation and one has given a strong buy recommendation to the company.
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Stratasys Ltd. (NASDAQ:SSYS) Given Consensus Rating of "Hold" by Brokerages
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| April 19th, 12:34 PM
Stratasys Ltd. (NASDAQ:SSYS) Given Consensus Rating of "Hold" by Brokerages
Shares of Stratasys Ltd. (NASDAQ:SSYS) have received an average rating of "Hold" from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average…
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Affirm (NASDAQ:AFRM) Reaches New 52-Week Low After Analyst Downgrade
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| April 19th, 12:26 PM
Affirm (NASDAQ:AFRM) Reaches New 52-Week Low After Analyst Downgrade
Affirm Holdings, Inc. (NASDAQ:AFRM) hit a new 52-week low on Monday after Credit Suisse Group lowered their price target on the stock from $115.00 to $85.00. Credit Suisse Group currently has a neutral rating on the stock. Affirm traded as low as $65.20 and last traded at $65.96, with a volume of 22665 shares. The stock had previously closed at $69.72.A number of other brokerages also recently weighed in on AFRM.
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Bilibili (NASDAQ:BILI) Coverage Initiated at CLSA
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| April 19th, 12:22 PM
Bilibili (NASDAQ:BILI) Coverage Initiated at CLSA
Investment analysts at CLSA initiated coverage on shares of Bilibili (NASDAQ:BILI) in a research report issued to clients and investors on Monday, Briefing.com reports. The brokerage set a "buy" rating and a $128.00 price target on the stock. CLSA's target price indicates a potential upside of 22.45% from the stock's previous close.A number of other research firms have also commented on BILI.
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Morgan Stanley Lowers The Procter & Gamble (NYSE:PG) Price Target to $155.00
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| April 19th, 12:22 PM
Morgan Stanley Lowers The Procter & Gamble (NYSE:PG) Price Target to $155.00
The Procter & Gamble (NYSE:PG) had its price objective decreased by analysts at Morgan Stanley from $165.00 to $155.00 in a research report issued on Monday, Benzinga reports. The firm presently has an "overweight" rating on the stock. Morgan Stanley's price objective suggests a potential upside of 13.20% from the stock's current price.3 of the Best…
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Morgan Stanley Boosts The PNC Financial Services Group (NYSE:PNC) Price Target to $192.00
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| April 19th, 12:22 PM
Morgan Stanley Boosts The PNC Financial Services Group (NYSE:PNC) Price Target to $192.00
The PNC Financial Services Group (NYSE:PNC) had its price objective boosted by analysts at Morgan Stanley from $182.00 to $192.00 in a research report issued on Monday, Benzinga reports. The firm presently has an "equal weight" rating on the financial services provider's stock. Morgan Stanley's target price suggests a potential upside of 7.30% from…
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Regeneron Pharmaceuticals (NASDAQ:REGN) Given New $477.00 Price Target at Morgan Stanley
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| April 19th, 12:22 PM
Regeneron Pharmaceuticals (NASDAQ:REGN) Given New $477.00 Price Target at Morgan Stanley
Regeneron Pharmaceuticals (NASDAQ:REGN) had its target price lowered by stock analysts at Morgan Stanley from $525.00 to $477.00 in a report issued on Monday, Benzinga reports. The firm currently has an "equal weight" rating on the biopharmaceutical company's stock. Morgan Stanley's price objective would suggest a potential downside of 5.01% from the…
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SBA Communications (NASDAQ:SBAC) Price Target Raised to $321.00
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| April 19th, 12:22 PM
SBA Communications (NASDAQ:SBAC) Price Target Raised to $321.00
SBA Communications (NASDAQ:SBAC) had its price target lifted by analysts at Morgan Stanley from $316.00 to $321.00 in a research report issued on Monday, Benzinga reports. The brokerage presently has an "equal weight" rating on the technology company's stock. Morgan Stanley's target price points to a potential upside of 11.65% from the company's current price.A number of other analysts have also recently issued reports on SBAC.
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Morgan Stanley Cuts Sarepta Therapeutics (NASDAQ:SRPT) Price Target to $93.00
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| April 19th, 12:22 PM
Morgan Stanley Cuts Sarepta Therapeutics (NASDAQ:SRPT) Price Target to $93.00
Sarepta Therapeutics (NASDAQ:SRPT) had its target price dropped by Morgan Stanley from $95.00 to $93.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm presently has an "equal weight" rating on the biotechnology company's stock. Morgan Stanley's target price suggests a potential upside of 31.75% from the stock's previous close.SRPT has been the topic of several other reports.
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