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Vaccine maker BioNTech to use mRNA tech to target malaria
Vaccine maker BioNTech to use mRNA tech to target malaria
| July 26th | 2021  1:23PM
Vaccine maker BioNTech to use mRNA tech to target malaria
BERLIN (AP) — Pharmaceutical company BioNTech said Monday that it wants to use the mRNA technology behind its coronavirus vaccine to target malaria. The Germany-based company, which developed the first widely approved coronavirus shot together with U.S. partner Pfizer, aims to begin clinical trials for a “safe and highly effective malaria…
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US indexes wobble in muted trading, hold near record highs
US indexes wobble in muted trading, hold near record highs
| July 26th | 2021  1:13PM
US indexes wobble in muted trading, hold near record highs
Stocks wobbled between small gains and losses on Wall Street Monday as investors pause after the market rallied to more record highs last week. The S&P 500 index rose 0.1% as of 12:56 p.m. and is hovering close to the record it set on Friday. The Dow Jones Industrial Average rose 20 points, or 0.1%, to 35,082 and the Nasdaq fell 0.1%. …
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US indexes wobble in morning trading, hold near record highs
US indexes wobble in morning trading, hold near record highs
| July 26th | 2021  11:53AM
US indexes wobble in morning trading, hold near record highs
Stocks wobbled between small gains and losses on Wall Street Monday as investors pause after the market rallied to more record highs last week. The S&P 500 index rose 0.2% as of 11:44 a.m. and is hovering close to the record it set on Friday. The Dow Jones Industrial Average rose 30 points, or 0.1%, to 35,090 and the Nasdaq rose less…
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Sales of new homes fall 6.6% in June
Sales of new homes fall 6.6% in June
| July 26th | 2021  11:22AM
Sales of new homes fall 6.6% in June
WASHINGTON (AP) — Sales of new homes fell for a third straight month in June, dropping by 6.6%. to the lowest level in more than a year. The June sales decline left sales at a seasonally adjusted annual rate of 676,000, the Commerce Department reported Monday. That followed a 7.7% sales decline in May and a 10.1% fall in April. The pace last month was down 19.4% from a year ago and the slowest since April 2020.
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Struggling startup Lordstown Motors gets $400M investment
Struggling startup Lordstown Motors gets $400M investment
| July 26th | 2021  11:18AM
Struggling startup Lordstown Motors gets $400M investment
LORDSTOWN, Ohio (AP) — Lordstown Motors has received a $400 million investment as the struggling electric truck maker continues to push toward production of its new pickup this fall. The Ohio company, which has been under scrutiny over the claims it has made about the number of orders it has received for its trucks, said in a filing Monday…
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Fed to discuss a pullback in economic aid with inflation up
Fed to discuss a pullback in economic aid with inflation up
| July 26th | 2021  11:18AM
Fed to discuss a pullback in economic aid with inflation up
WASHINGTON (AP) — With inflation uncomfortably high and the COVID-19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when and how it should dial back its ultra-low-interest rate policies. For now, the U.S. economy is growing briskly in the wake of the pandemic recession, and the pace…
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PerkinElmer to pay $5.25B for antibody maker BioLegend
PerkinElmer to pay $5.25B for antibody maker BioLegend
| July 26th | 2021  11:17AM
PerkinElmer to pay $5.25B for antibody maker BioLegend
PerkinElmer will spend about $5.25 billion to acquire BioLegend, which makes antibodies used in gene therapy and reagents for drug discovery. The Waltham, Massachusetts, company said Monday that it will pay a combination of cash and stock for the privately held BioLegend in a deal expected to close by the end of the year. …
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Inflation fears and politics shape views of Biden economy
Joe Biden
| July 26th | 2021  10:59AM
Inflation fears and politics shape views of Biden economy
WASHINGTON (AP) — President Joe Biden is banking on the idea of making life more affordable for middle-class families — and that's where the recent bout of inflation poses both a political and an economic risk. The U.S. economy may be poised for the fastest growth since 1984, but many Americans are not feeling all that confident about…
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The Latest: France digests news of restaurant health passes
The Latest: France digests news of restaurant health passes
| July 26th | 2021  10:31AM
The Latest: France digests news of restaurant health passes
PARIS — Enforcing France’s new virus pass could prove a logistical challenge for restaurants and other venues, but managers and diners hope it helps avoid another dreaded lockdown. At the helm of La Brigade, a pocket-sized steak house in Paris’ hip Oberkampf district, Noémi Arevalo can’t imagine having to struggle through another weeks-long…
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US indexes wobble in early going, holding near record highs
US indexes wobble in early going, holding near record highs
| July 26th | 2021  9:46AM
US indexes wobble in early going, holding near record highs
Stocks are wobbling between small gains and losses in the early going on Wall Street, keeping major indexes close to the record highs they set last week. The S&P 500 and the Dow Jones Industrial Average were little changed in the early going Monday. Weakness in some big tech stocks including Microsoft pulled the Nasdaq down 0.1%. U.S.-listed shares…
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This Week: Starbucks earns, Fed meeting, consumer spending
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| July 26th | 2021  9:10AM
This Week: Starbucks earns, Fed meeting, consumer spending
A look at some of the key business events and economic indicators upcoming this week: BACK IN THE BLACK Starbucks serves up its latest quarterly snapshot Tuesday, Wall Street expects the cafe chain returned to a profit in the April-June quarter, after a loss in the same period last year when pandemic lockdowns forced many retailers to temporarily close or limit service.
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Smart Eye Deputy CEO Rana el Kaliouby talks automotive AI
Rana el Kaliouby
| July 26th | 2021  9:10AM
Smart Eye Deputy CEO Rana el Kaliouby talks automotive AI
Rana el Kaliouby co-founded and led Boston startup Affectiva, which uses artificial intelligence and computer vision to analyze mood and emotion. Now she's got a new job as deputy CEO of Smart Eye, after the Swedish eye-tracking company bought Affectiva for $73.5 million in June. The auto industry is the prime market for Kaliouby and competitors like Australia-based Seeing Machines.
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The One Principle That Can Help You Transform Your Organization
The One Principle That Can Help You Transform Your Organization
| July 26th | 2021  9:01AM
The One Principle That Can Help You Transform Your Organization
One of the movies we’ve become overly familiar with over the course of this pandemic is Groundhog Day — the one where, Phil, a self-absorbed TV weatherman, finds himself trapped in a time loop, reliving the same day over and over again. We’ve all been living this film; we’ve all been looking for a way…
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How Microsoft Services Can Help You Scale Your Business
How Microsoft Services Can Help You Scale Your Business
| July 26th | 2021  9:00AM
How Microsoft Services Can Help You Scale Your Business
In today's digital world, 94 percent of businesses use the cloud in some way. Utilizing cloud technology can be one of the best ways to help your business scale securely, giving you resources to free up people's time and energy and making processes more seamless. If you're ready to scale your business, it's time to figure out what the cloud can do for you.
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Sink Your Teeth into Beyond Meat Shares Here
Sink Your Teeth into Beyond Meat Shares Here
| July 26th | 2021  8:00AM
Sink Your Teeth into Beyond Meat Shares Here
Plant-based meats producer Beyond Meat (NASDAQ: BYND) stock is flat on the year compared to the S&P 500 (ASX: SPY) index year-to-date performance up +17.7% for 2021. The Company that introduced financial markets to the plant-based food revolution has become mainstream as its natural products reach more penetration and brand recognition. With the…
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RPM International Is About To Get A Lot Cheaper
RPM International Is About To Get A Lot Cheaper
| July 26th | 2021  8:00AM
RPM International Is About To Get A Lot Cheaper
Weak Guidance Weighs On RPM International  RPM International (NYSE: RPM) has had a great year supported by both pandemic trends and its own MAP to Growth strategy. The company says it has completed the MAP to Growth and exceeded its original target of $290 million IN annualized savings by $30 million. With MAP 2.0 already in play, it looks like the company's profitability is set to improve again.
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Where is the S&P 500 Going From Here?
Where is the S&P 500 Going From Here?
| July 26th | 2021  6:05AM
Where is the S&P 500 Going From Here?
The S&P 500 (ASX: SPY) has been making new highs it seems almost every week with a performance of over 16% year-to-date (YTD) in 2021. The question on investor’s minds is how long this strong uptrend can go and where it will go. Despite the fears of inflation, interest rate hikes, overvaluation, trade wars, pandemic surges, and geopolitical tensions, the markets continue to climb the proverbial “wall of worry” higher.
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American Express Rallies To New High After Blowout Q2 Results
American Express Rallies To New High After Blowout Q2 Results
| July 26th | 2021  6:00AM
American Express Rallies To New High After Blowout Q2 Results
American Express (NYSE: AXP) Amex was among stocks helping to propel the Dow higher Friday, following a better-than-expected earnings report.  American Express, which comprises 3.23% of the price-weighted index, provides a good illustration of the rebound in business and consumer spending after pandemic-driven declines in 2020.  The credit…
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3 Signs it's Time to Dump Your Company 401(k) Plan — Pronto
3 Signs it
| July 26th | 2021  5:00AM
3 Signs it's Time to Dump Your Company 401(k) Plan — Pronto
Should you blindly sign up for your company's 401(k) plan? No way! Not without some serious consideration, anyway. It's easy to assume that your employer has your best interests at heart and will "take care of you." However, that's not always the case.  Let's take a look at three signs you'll need to dump your company's 401(k) plan (especially…
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3 Breakout Stocks to Buy Now
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| July 24th, 5:02 AM
3 Breakout Stocks to Buy Now
After this week’s incredible recovery in the market that obliterated any bears who were caught offsides, there are several stocks breaking out to new highs that could be worth a look at this time. Breakouts are always a great way to gauge the overall level of bullishness in the market, which is why it's so nice to see some of the biggest names…
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MarketBeat: Week in Review 7/19 – 7/23
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| July 24th, 5:00 AM
MarketBeat: Week in Review 7/19 – 7/23
Virus cases are up and the market went down, but only for a moment. As the trading week closes out all the major indexes are flirting with record highs buoyed by an earnings season which is delivering as expected. For the moment, inflation fears are abated but that could change when the PCE price index is released next week. That will give investors an idea of if the Fed will change its mind about inflation.
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China's Tencent ordered to end exclusive music contracts
China's Tencent ordered to end exclusive music contracts
| July 23rd, 11:35 PM
China's Tencent ordered to end exclusive music contracts
BEIJING (AP) — Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries. Tencent controls more than 80% of “exclusive music library resources” following its 2016 acquisition of China Music Group, the State Administration for Market Regulation said Saturday.
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Ship hunts foreign ships doing work reserved for US crews
Ship hunts foreign ships doing work reserved for US crews
| July 25th, 9:06 AM
Ship hunts foreign ships doing work reserved for US crews
NEW ORLEANS (AP) — Offshore energy service companies are out to find foreign-flagged ships hauling pipeline parts and other energy-related equipment from U.S. ports and delivering or installing them in U.S. waters. The Offshore Marine Service Association has launched a ship to gather photos and videos of ships it considers to be violating a 1920 law requiring U.S.
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Yellen outlines to Congress emergency measures on debt limit
Yellen outlines to Congress emergency measures on debt limit
| July 23rd, 11:21 PM
Yellen outlines to Congress emergency measures on debt limit
WASHINGTON (AP) — Treasury Secretary Janet Yellen told Congress on Friday that she will start taking emergency measures next week to keep the government from an unprecedented default on the national debt, warning that a default would cause “irreparable harm to the U.S. economy and the livelihoods of all Americans.” In a letter to House…
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$1M in fines after nitrogen kills 6 at Georgia poultry plant
$1M in fines after nitrogen kills 6 at Georgia poultry plant
| July 23rd, 5:46 PM
$1M in fines after nitrogen kills 6 at Georgia poultry plant
ATLANTA (AP) — Federal workplace safety officials are proposing nearly $1 million in fines against four companies following a January liquid nitrogen leak that killed six workers at a Georgia poultry processing plant. U.S. Labor Secretary Marty Walsh announced citations and fines by the U.S. Occupational Safety and Health Administration on Friday.
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Where is the S&P 500 Going From Here?
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| July 26th, 6:05 AM
Where is the S&P 500 Going From Here?
The S&P 500 (ASX: SPY) has been making new highs it seems almost every week with a performance of over 16% year-to-date (YTD) in 2021. The question on investor’s minds is how long this strong uptrend can go and where it will go. Despite the fears of inflation, interest rate hikes, overvaluation, trade wars, pandemic surges, and geopolitical tensions, the markets continue to climb the proverbial “wall of worry” higher.
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Nevada airport faces flight delays from jet fuel shortage
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| July 24th, 10:43 PM
Nevada airport faces flight delays from jet fuel shortage
RENO, Nev. (AP) — The airport serving Nevada’s second largest metro area faces a shortage of jet fuel that could force the cancellation of cargo and passenger fights, potentially restricting the flow of tourists and essential goods into the northern part of the state. Nevada’s political leaders issued a statement late Saturday pledging…
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Sink Your Teeth into Beyond Meat Shares Here
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| July 26th, 8:00 AM
Sink Your Teeth into Beyond Meat Shares Here
Plant-based meats producer Beyond Meat (NASDAQ: BYND) stock is flat on the year compared to the S&P 500 (ASX: SPY) index year-to-date performance up +17.7% for 2021. The Company that introduced financial markets to the plant-based food revolution has become mainstream as its natural products reach more penetration and brand recognition. With the…
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3 Signs it's Time to Dump Your Company 401(k) Plan — Pronto
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| July 26th, 5:00 AM
3 Signs it's Time to Dump Your Company 401(k) Plan — Pronto
Should you blindly sign up for your company's 401(k) plan? No way! Not without some serious consideration, anyway. It's easy to assume that your employer has your best interests at heart and will "take care of you." However, that's not always the case.  Let's take a look at three signs you'll need to dump your company's 401(k) plan (especially…
Read Article
Carbon-capture pipelines offer climate aid; activists wary
Carbon-capture pipelines offer climate aid; activists wary
| July 24th, 11:51 AM
Carbon-capture pipelines offer climate aid; activists wary
SIOUX FALLS, S.D. (AP) — Two companies seeking to build thousands of miles of pipeline across the Midwest are promising the effort will aid rather than hinder the fight against climate change, though some environmental groups remain skeptical. The pipelines would stretch from North Dakota to Illinois, potentially transforming the Corn…
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Lebanon signs deal to sell Iraqi fuel in move to ease crisis
Lebanon signs deal to sell Iraqi fuel in move to ease crisis
| July 24th, 10:07 AM
Lebanon signs deal to sell Iraqi fuel in move to ease crisis
BEIRUT (AP) — Lebanon signed a deal Saturday to broker Iraqi fuel sales in hopes of alleviating a crippling financial and energy crisis in the small Mediterranean country, Lebanese and Iraqi media reported. The deal allows Beirut to resell 1 million tons of heavy fuel oil from Iraq — fuel that Lebanon cannot use in its own power plants — to companies who would then provide useable fuel to Lebanon over the next year.
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Beware of budget gimmicks in push for massive spending deals
Beware of budget gimmicks in push for massive spending deals
| July 24th, 8:41 AM
Beware of budget gimmicks in push for massive spending deals
WASHINGTON (AP) — Senators fashioning a pair of colossal bills that would deliver more than $4 trillion for infrastructure, health care, environment and other initiatives insist they will fully pay for both plans. Will they? In a Washington ritual as reliable as panic-buying when light snow is forecast, both parties have long relied on toothless budget gimmicks to help finance their priorities.
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Residents say flood-hit German towns got little warning
Residents say flood-hit German towns got little warning
| July 24th, 4:04 PM
Residents say flood-hit German towns got little warning
AHRWEILER, Germany (AP) — Like other residents of his town in Germany, Wolfgang Huste knew a flood was coming. What nobody told him, he says, was how bad it would be. The 66-year-old antiquarian bookseller from Ahrweiler said the first serious warning to evacuate or move to higher floors of buildings close to the Ahr River came through loudspeaker announcements around 8 p.m.
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Wall Street rallies to record-breaking end of turbulent week
John Panin
| July 23rd, 4:38 PM
Wall Street rallies to record-breaking end of turbulent week
NEW YORK (AP) — Stocks rallied to records on Wall Street Friday, and the Dow Jones Industrial Average closed above the 35,000 level for the first time, as the market continued to roar back from its short-lived swoon at the start of the week. The S&P 500 index climbed 44.31, or 1%, to 4,411.79 to top its prior all-time high, set early last week.
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Airports in the US West dealing with shortage of jet fuel
Airports in the US West dealing with shortage of jet fuel
| July 25th, 3:34 PM
Airports in the US West dealing with shortage of jet fuel
A shortage of jet fuel, coupled with supply chain issues and an urgent demand from firefighting aircraft, continues to cause problems at airports around the West. In Nevada, state and federal lawmakers said they are investigating a possible shortage of jet fuel that could delay cargo delivery and passenger travel at Reno-Tahoe International…
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American Express Rallies To New High After Blowout Q2 Results
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| July 26th, 6:00 AM
American Express Rallies To New High After Blowout Q2 Results
American Express (NYSE: AXP) Amex was among stocks helping to propel the Dow higher Friday, following a better-than-expected earnings report.  American Express, which comprises 3.23% of the price-weighted index, provides a good illustration of the rebound in business and consumer spending after pandemic-driven declines in 2020.  The credit…
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RPM International Is About To Get A Lot Cheaper
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| July 26th, 8:00 AM
RPM International Is About To Get A Lot Cheaper
Weak Guidance Weighs On RPM International  RPM International (NYSE: RPM) has had a great year supported by both pandemic trends and its own MAP to Growth strategy. The company says it has completed the MAP to Growth and exceeded its original target of $290 million IN annualized savings by $30 million. With MAP 2.0 already in play, it looks like the company's profitability is set to improve again.
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Pandemic leaves Indians mired in massive medical debts
Pandemic leaves Indians mired in massive medical debts
| July 26th, 5:19 AM
Pandemic leaves Indians mired in massive medical debts
NEW DELHI (AP) — As coronavirus cases ravaged India this spring, Anil Sharma visited his 24-year-old son Saurav at a private hospital in northwest New Delhi every day for more than two months. In May, as India's new COVID-19 cases broke global records to reach 400,000 a day, Saurav was put on a ventilator. The sight of the tube running into Saurav’s throat is seared in Sharma’s mind.
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JPMorgan Chase & Co. Cuts TC Energy (TSE:TRP) Price Target to C$70.00
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| July 26th, 2:13 PM
JPMorgan Chase & Co. Cuts TC Energy (TSE:TRP) Price Target to C$70.00
TC Energy (TSE:TRP) (NYSE:TRP) had its price objective dropped by equities researchers at JPMorgan Chase & Co. from C$71.00 to C$70.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. JPMorgan Chase & Co.'s price objective indicates a potential upside of 14.17% from the company's previous close.A number of other research analysts also recently weighed in on TRP.
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Superior Plus (TSE:SPB) Given New C$18.00 Price Target at Cormark
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| July 26th, 2:13 PM
Superior Plus (TSE:SPB) Given New C$18.00 Price Target at Cormark
Superior Plus (TSE:SPB) had its price objective increased by investment analysts at Cormark from C$17.00 to C$18.00 in a research note issued to investors on Monday, BayStreet.CA reports. Cormark's price target suggests a potential upside of 14.29% from the company's current price.Several other equities research analysts have also recently commented on the stock.
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Royal Bank of Canada Reiterates "$140.00" Price Target for Royal Gold (NASDAQ:RGLD)
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| July 26th, 2:13 PM
Royal Bank of Canada Reiterates "$140.00" Price Target for Royal Gold (NASDAQ:RGLD)
Royal Gold (NASDAQ:RGLD) (TSE:RGL) has been assigned a $140.00 price objective by stock analysts at Royal Bank of Canada in a research note issued on Monday, BayStreet.CA reports. The brokerage currently has an "outperform" rating on the basic materials company's stock. Royal Bank of Canada's price objective would suggest a potential upside of 19.83%…
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Magna International (NYSE:MGA) Given a $91.00 Price Target by Raymond James Analysts
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| July 26th, 2:13 PM
Magna International (NYSE:MGA) Given a $91.00 Price Target by Raymond James Analysts
Magna International (NYSE:MGA) (TSE:MG) has been assigned a $91.00 price target by research analysts at Raymond James in a report issued on Monday, BayStreet.CA reports. The brokerage presently has a "market perform" rating on the stock. Raymond James' target price indicates a potential upside of 12.37% from the company's previous close. Magna International…
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Royal Bank of Canada Analysts Give Hecla Mining (NYSE:HL) a $10.00 Price Target
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| July 26th, 2:13 PM
Royal Bank of Canada Analysts Give Hecla Mining (NYSE:HL) a $10.00 Price Target
Hecla Mining (NYSE:HL) has been given a $10.00 price target by research analysts at Royal Bank of Canada in a report issued on Monday, BayStreet.CA reports. The firm currently has an "outperform" rating on the basic materials company's stock. Royal Bank of Canada's price target points to a potential upside of 51.75% from the stock's current price.3…
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PPG Industries (NYSE:PPG) Upgraded to Positive by Susquehanna Bancshares
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| July 26th, 2:13 PM
PPG Industries (NYSE:PPG) Upgraded to Positive by Susquehanna Bancshares
PPG Industries (NYSE:PPG) was upgraded by Susquehanna Bancshares from a "neutral" rating to a "positive" rating in a research report issued on Monday, Stock Target Advisor reports. The firm currently has a $163.36 price objective on the specialty chemicals company's stock. Susquehanna Bancshares' price target suggests a potential downside of 0.72% from…
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Loews (NYSE:L) Price Target Raised to $103.00 at Royal Bank of Canada
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| July 26th, 2:13 PM
Loews (NYSE:L) Price Target Raised to $103.00 at Royal Bank of Canada
Loews (NYSE:L) had its price objective raised by equities researchers at Royal Bank of Canada from $96.00 to $103.00 in a report released on Monday, Stock Target Advisor reports. The firm currently has an "outperform" rating on the insurance provider's stock. Royal Bank of Canada's price objective would suggest a potential upside of 91.38% from the…
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Royal Bank of Canada Increases Alexandria Real Estate Equities (NYSE:ARE) Price Target to $20.00
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| July 26th, 2:13 PM
Royal Bank of Canada Increases Alexandria Real Estate Equities (NYSE:ARE) Price Target to $20.00
Alexandria Real Estate Equities (NYSE:ARE) had its target price upped by equities researchers at Royal Bank of Canada from $18.00 to $20.00 in a report released on Monday, Stock Target Advisor reports. The firm currently has a "sector perform" rating on the real estate investment trust's stock. Royal Bank of Canada's price target indicates a potential…
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RPM International (NYSE:RPM) Announces Earnings Results, Beats Expectations By $0.02 EPS
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| July 26th, 2:11 PM
RPM International (NYSE:RPM) Announces Earnings Results, Beats Expectations By $0.02 EPS
RPM International (NYSE:RPM) released its quarterly earnings data on Monday. The specialty chemicals company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.02, MarketWatch Earnings reports. RPM International had a net margin of 7.83% and a return on equity of 35.89%. The company had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.69 billion.
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Sun Life Financial (TSE:SLF) PT Raised to C$77.00 at Scotiabank
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| July 26th, 2:07 PM
Sun Life Financial (TSE:SLF) PT Raised to C$77.00 at Scotiabank
Sun Life Financial (TSE:SLF) (NYSE:SLF) had its price target increased by Scotiabank from C$74.00 to C$77.00 in a report released on Monday, BayStreet.CA reports. Scotiabank's price objective would suggest a potential upside of 20.37% from the stock's current price.Several other brokerages also recently weighed in on SLF. CIBC upped their target price…
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Secure Energy Services (TSE:SES) PT Raised to C$6.25
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| July 26th, 2:07 PM
Secure Energy Services (TSE:SES) PT Raised to C$6.25
Secure Energy Services (TSE:SES) had its target price boosted by Cormark from C$5.25 to C$6.25 in a note issued to investors on Monday, BayStreet.CA reports. Cormark's price target would indicate a potential upside of 46.37% from the stock's previous close.A number of other analysts also recently weighed in on the stock. TD Securities upped their target…
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RioCan Real Estate Investment Trust (TSE:REI.UN) Stock Rating Upgraded by BMO Capital Markets
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| July 26th, 2:07 PM
RioCan Real Estate Investment Trust (TSE:REI.UN) Stock Rating Upgraded by BMO Capital Markets
RioCan Real Estate Investment Trust (TSE:REI.UN) was upgraded by research analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating in a report released on Monday, BayStreet.CA reports. The firm currently has a C$24.00 target price on the real estate investment trust's stock, up from their previous target price of C$21.00.
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Cormark Raises Real Matters (TSE:REAL) Price Target to C$24.00
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| July 26th, 2:07 PM
Cormark Raises Real Matters (TSE:REAL) Price Target to C$24.00
Real Matters (TSE:REAL) had its price objective boosted by investment analysts at Cormark from C$23.00 to C$24.00 in a note issued to investors on Monday, BayStreet.CA reports. Cormark's target price would suggest a potential upside of 55.24% from the company's previous close.Several other research firms also recently weighed in on REAL. TD Securities…
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Pembina Pipeline (TSE:PPL) Given a C$43.00 Price Target at Tudor Pickering & Holt
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| July 26th, 2:07 PM
Pembina Pipeline (TSE:PPL) Given a C$43.00 Price Target at Tudor Pickering & Holt
Pembina Pipeline (TSE:PPL) (NYSE:PBA) received a C$43.00 price objective from investment analysts at Tudor Pickering & Holt in a report released on Monday, BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. Tudor Pickering & Holt's price target would suggest a potential upside of 4.83% from the stock's previous close.A number of other equities research analysts have also weighed in on PPL.
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Power Co. of Canada (TSE:POW) Given New C$41.00 Price Target at BMO Capital Markets
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| July 26th, 2:07 PM
Power Co. of Canada (TSE:POW) Given New C$41.00 Price Target at BMO Capital Markets
Power Co. of Canada (TSE:POW) had its price target increased by equities research analysts at BMO Capital Markets from C$39.00 to C$41.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. BMO Capital Markets' price target would suggest a potential upside of 3.93% from the company's current price.Other equities analysts also recently issued reports about the company.
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Manulife Financial (TSE:MFC) Given New C$28.00 Price Target at Scotiabank
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| July 26th, 2:07 PM
Manulife Financial (TSE:MFC) Given New C$28.00 Price Target at Scotiabank
Manulife Financial (TSE:MFC) (NYSE:MFC) had its target price upped by research analysts at Scotiabank from C$27.00 to C$28.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. Scotiabank's price objective would suggest a potential upside of 16.67% from the stock's current price.Several other equities analysts also recently commented on the stock.
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MEG Energy (TSE:MEG) Given a C$9.00 Price Target by UBS Group Analysts
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| July 26th, 2:07 PM
MEG Energy (TSE:MEG) Given a C$9.00 Price Target by UBS Group Analysts
MEG Energy (TSE:MEG) has been assigned a C$9.00 price objective by equities research analysts at UBS Group in a report released on Monday, BayStreet.CA reports. The firm currently has a "neutral" rating on the stock. UBS Group's price target indicates a potential upside of 8.96% from the company's current price.Several other research analysts have also recently weighed in on MEG.
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Loblaw Companies (TSE:L) Price Target Increased to C$103.00 by Analysts at Royal Bank of Canada
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| July 26th, 2:07 PM
Loblaw Companies (TSE:L) Price Target Increased to C$103.00 by Analysts at Royal Bank of Canada
Loblaw Companies (TSE:L) had its price target increased by research analysts at Royal Bank of Canada from C$96.00 to C$103.00 in a research report issued to clients and investors on Monday, Price Targets.com reports. The firm currently has an "outperform" rating on the stock. Royal Bank of Canada's target price points to a potential upside of 27.70% from the company's current price.A number of other research firms also recently weighed in on L.
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National Bankshares Boosts Intact Financial (TSE:IFC) Price Target to C$207.00
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| July 26th, 2:07 PM
National Bankshares Boosts Intact Financial (TSE:IFC) Price Target to C$207.00
Intact Financial (TSE:IFC) had its price objective lifted by research analysts at National Bankshares from C$205.00 to C$207.00 in a report issued on Monday, BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. National Bankshares' price objective points to a potential upside of 22.84% from the stock's current price.Several other brokerages also recently issued reports on IFC.
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