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U.S. retail sales soared 9.8% in March as more Americans were vaccinated and spent $1,400 stimulus checks
Consumer products and services news icon
| April 15th | 2021  8:33AM
U.S. retail sales soared 9.8% in March as more Americans were vaccinated and spent $1,400 stimulus checks
NEW YORK (AP) — U.S. retail sales soared 9.8% in March as more Americans were vaccinated and spent $1,400 stimulus checks.
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US jobless claims sink to 576,000, a post-COVID low, as layoffs ease with economy improving
Government and politics news icon
| April 15th | 2021  8:32AM
US jobless claims sink to 576,000, a post-COVID low, as layoffs ease with economy improving
WASHINGTON (AP) — US jobless claims sink to 576,000, a post-COVID low, as layoffs ease with economy improving.
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Turkish central bank maintains key rate unchanged at 19%
Financial markets news icon
| April 15th | 2021  8:18AM
Turkish central bank maintains key rate unchanged at 19%
ANKARA, Turkey (AP) — Turkey’s central bank on Thursday kept a key interest rate unchanged at 19%, in its first rate decision since the surprise appointment of a new governor that shook confidence in the country's economy. President Recep Tayyip Erdogan last month fired his third central bank head in less than two years, raising concerns…
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Bank of America profit doubles in 1Q to $8.1 billion
Bank of America profit doubles in 1Q to $8.1 billion
| April 15th | 2021  7:49AM
Bank of America profit doubles in 1Q to $8.1 billion
NEW YORK (AP) — Bank of America's profits doubled in the first quarter, the bank said Thursday, as the improving economy allowed it to release billions from its loan-loss reserves that it originally set aside in the early days of the pandemic. Bank of America is the latest of the big banks to say it has released billions from its reserves, following JPMorgan Chase and Wells Fargo, which announced results Wednesday.
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2 Secrets About Online Media Presentations
2 Secrets About Online Media Presentations
| April 15th | 2021  7:00AM
2 Secrets About Online Media Presentations
The following excerpt is from Dan S. Kennedy and Dustin Mathews’ book No BS Guide to Powerful Presentations. Buy it now from Amazon | Barnes & Noble | iTunes or click here to buy it directly from us and SAVE 60% on this book when you use code CAREER2021 through 4/17/21.When you convert…
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Albert Einstein's Messy Desk Highlights The Surprising Link Between Clutter And Intelligence
Albert Einstein's Messy Desk Highlights The Surprising Link Between Clutter And Intelligence
| April 15th | 2021  7:00AM
Albert Einstein's Messy Desk Highlights The Surprising Link Between Clutter And Intelligence
A famous photo taken in Princeton, New Jersey in 1955 depicts Albert Einstein’s office the day he passed away. One would imagine a thinker of such superior intellect would have the finest productivity tricks and systems to keep his brilliant brain as clutter-free as possible. Did he have a standing desk? Were his books alphabetized…
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'Hillbilly Elegy' author J.D. Vance quits firm after tweets
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| April 15th | 2021  6:57AM
'Hillbilly Elegy' author J.D. Vance quits firm after tweets
MOREHEAD, Ky. (AP) — “Hillbilly Elegy” author J.D. Vance has resigned from the board of a company that uses green technology to mass-produce food in Appalachia, days after sending some controversial tweets. Vance was an early investor in AppHarvest, a mega-greenhouse company that produced its first tomatoes this year at a 300-employee facility in Morehead, The Herald-Leader reported.
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It’s Time To Make A Play On Oil 
It’s Time To Make A Play On Oil 
| April 15th | 2021  6:05AM
It’s Time To Make A Play On Oil 
Oil Prices Set To Rise On Growing Demand  Based on the data it sure looks like oil prices are about to move higher. Not only is the world demand picture brightening but production has yet to pick up. The latest inventory data from EIA underscores this statement as it shows not only an acceleration of weekly drawdowns but a continuation of the trend of weaker than expected data.  The latest read shows crude inventory in the U.S.
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Tencent Music Stock is a Risky Yet Rewarding Bet Much Lower
Tencent Music Stock is a Risky Yet Rewarding Bet Much Lower
| April 15th | 2021  6:00AM
Tencent Music Stock is a Risky Yet Rewarding Bet Much Lower
Chinese online music platform Tencent Music (NYSE: TME) stock surged to highs of $32.25 on March 23, 2021, before collapsing nearly in half to a low of $16.31 just three days later. Massive selling also occurred in Viacom (NYSE: VIAC) and Discovery Networks (NASDAQ: DISCA) and various Chinese stocks including Baidu (NASDAQ: BIDU),Tencent (NYSE: TME), Vipshop (NYSE: VIPS), and iQIYI (NASDAQ: IQ).
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The Latest: Serbia to produce Russia's Sputnik V vaccine
The Latest: Serbia to produce Russia's Sputnik V vaccine
| April 15th | 2021  5:55AM
The Latest: Serbia to produce Russia's Sputnik V vaccine
BELGRADE, Serbia —Serbia has announced it will begin packing and later producing Russia's Sputnik V coronavirus vaccine, which would make it the first European state outside Russia and Belarus to begin manufacturing the jab. Serbian President Aleksandar Vucic on Thursday visited an institute in the Serbian capital, Belgrade, where he…
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Four Reasons Why Truist Financial Is a Super Bet Among Regional Banks
Four Reasons Why Truist Financial Is a Super Bet Among Regional Banks
| April 15th | 2021  5:45AM
Four Reasons Why Truist Financial Is a Super Bet Among Regional Banks
Truist Financial (NYSE:TFC) is a super-regional bank that was formerly known as the Branch Banking and Trust Company (BB&T). The bank changed its name after merging with Atlanta-based SunTrust Bank in December 2019. You may recognize the Truist name because, upon completion of the merger, the bank inherited the naming rights to Major League Baseball’s…
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3 Reasons Goldman Sachs (NYSE:GS) Stock is a Buy After Q1 Earnings
3 Reasons Goldman Sachs (NYSE:GS) Stock is a Buy After Q1 Earnings
| April 15th | 2021  5:44AM
3 Reasons Goldman Sachs (NYSE:GS) Stock is a Buy After Q1 Earnings
Anytime a company posts record earnings like Goldman Sachs (NYSE:GS) just did, it’s a good idea for investors to take note. It’s all the more impressive given this leading investment banking and securities company’s extended history of delivering strong results. The banking sector has been impressive in 2021 given the prospects of an economic recovery and rising interest rates.
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Global stocks higher after Wall St retreats from record
Global stocks higher after Wall St retreats from record
| April 15th | 2021  5:29AM
Global stocks higher after Wall St retreats from record
BEIJING (AP) — Major global stock markets were mostly higher Thursday after Wall Street retreated from a record high as major U.S. banks reported strong profits. London and Frankfurt opened higher while Tokyo also advanced. Shanghai and Hong Kong declined. Wall Street futures were higher after the benchmark S&P 500…
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Why Positivity May Be Hurting Your Business
Why Positivity May Be Hurting Your Business
| April 15th | 2021  5:00AM
Why Positivity May Be Hurting Your Business
The following excerpt is from Benjamin Gilad and Mark Chussil’s book The New Employee Manual: A No-Holds-Barred Look at Corporate Life. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound or click here to buy it directly from us and SAVE 60% on this book when you use code CAREER2021 through 4/17/21.Positivismitis…
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Experts cut outlook for German growth amid 3rd pandemic wave
Economy news icon
| April 15th | 2021  4:50AM
Experts cut outlook for German growth amid 3rd pandemic wave
FRANKFURT, Germany (AP) — Leading German economic institutes have slashed their growth forecast for 2021 as a slow vaccination rollout and a more contagious variant of the coronavirus have meant continuing restrictions on business activity in Germany. The institutes cut their joint forecast for this year by a full percentage point, to…
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Chipmaker TSMC says profit up 16.7% as demand revives
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| April 15th | 2021  2:37AM
Chipmaker TSMC says profit up 16.7% as demand revives
TAIPEI, Taiwan (AP) — Taiwan Semiconductor Manufacturing Co., the world’s biggest contract manufacturer of processor chips, said Thursday quarterly profit rose 16.7% over a year ago as global demand strengthened. Profit after tax rose to 139.6 billion New Taiwan dollars ($4.9 billion) for the three months ending in March, the Taipei-based company announced.
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Asian stock markets mixed after Wall St retreats from record
Asian stock markets mixed after Wall St retreats from record
| April 15th | 2021  1:33AM
Asian stock markets mixed after Wall St retreats from record
BEIJING (AP) — Asian stock markets were mixed Thursday after Wall Street retreated from a record high as major banks reported strong profits. Shanghai, Hong Kong and India declined. Tokyo, Seoul and Sydney advanced. Wall Street's benchmark S&P 500 index closed 0.4% below the previous day's record due to losses for major…
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Sizing Up The Opportunity In Coinbase (NASDAQ: COIN)
Sizing Up The Opportunity In Coinbase (NASDAQ: COIN)
| April 15th | 2021  1:00AM
Sizing Up The Opportunity In Coinbase (NASDAQ: COIN)
A single daily candlestick won’t tell the viewer much about Coinbase’s (NASDAQ: COIN) first day of public trading, but there’s more than meets the eye here. Having had a reference price of $250 set by the Nasdaq and Goldman Sachs on Tuesday, shares started trading at $380 on Wednesday morning and justified the hype they’d created.  In…
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EXPLAINER: Charmed by Madoff, SEC later tightened its rules
EXPLAINER: Charmed by Madoff, SEC later tightened its rules
| April 15th | 2021  12:40AM
EXPLAINER: Charmed by Madoff, SEC later tightened its rules
WASHINGTON (AP) — Until Bernie Madoff’s scheme came crashing down and the biggest Ponzi scheme in Wall Street’s history came to light, he appeared as a charming wizard with a Midas touch. His investment advisory business attracted a devoted legion of clients, including A-list celebrities, rewarding them with steady returns that defied market fluctuations.
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3 Dividend Stocks to Help You Fight Inflation
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| April 14th, 5:48 AM
3 Dividend Stocks to Help You Fight Inflation
It’s safe to say that one of the biggest concerns that economists and investors have on their minds at this time is inflation. With historic amounts of fiscal stimulus being added to the economy and steadily increasing government spending, many believe that widespread inflation is already occurring. This week we learned that the consumer price…
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3 Digital Marketplace Stocks Forming New Bases After 2020 Rallies
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| April 13th, 6:34 AM
3 Digital Marketplace Stocks Forming New Bases After 2020 Rallies
By now, we’re all familiar with the theme of pandemic lockdowns boosting business among digital sales platforms, such as Shopify (NYSE: SHOP), Etsy (NASDAQ: ETSY) and Fiverr (NYSE: FVRR).  Not only were people shopping more from home, as retailers closed down or limited their capacity, especially early in the pandemic, but brick-and-mortar…
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Why NVIDIA Stock is a Buy After Investor Day
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| April 14th, 1:00 AM
Why NVIDIA Stock is a Buy After Investor Day
It’s safe to say that NVIDIA (NASDAQ:NVDA) just had a very successful investor day given the price action of the stock following the event. Investor days can be hit or miss for companies depending on what their respective management teams have planned and the market’s overall reception of the proceedings. Also known as analyst days, investor…
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3 Online Payment Stocks Capitalizing On Covid-Era Trends
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| April 14th, 5:45 AM
3 Online Payment Stocks Capitalizing On Covid-Era Trends
Back in March 2020, when lockdowns began and businesses were shut down, investors lost confidence in everything, even online payment systems such as PayPal (NASDAQ: PYPL), Square (NYSE: SQ) and Shift4 (NYSE: FOUR).  Analysts and investors initially expected economic devastation, not anticipating the rise in online businesses and others that fit…
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Buy the Dip Before Delta Airlines Stock Soars Higher
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| April 13th, 1:00 AM
Buy the Dip Before Delta Airlines Stock Soars Higher
Delta Air Lines (NYSE:DAL) will kick-off the much-anticipated earnings season for airlines on April 15. But DAL stock is experiencing some turbulence as it prepares to report earnings. However, in fairness, the stock has been having an uneven recovery. If you had bought DAL stock at the beginning of the year, you’re up 22%. But in the last month,…
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3 Consumer Defensive Stocks Delivering Tech-Like Returns
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| April 14th, 5:45 AM
3 Consumer Defensive Stocks Delivering Tech-Like Returns
In the world of professional sports, defense often wins championships. In stock investing, defensive companies typically don't produce championship caliber returns. This role is usually best left for cyclical, high-growth stocks. Sometimes, however, the tables are turned, and the defense goes on offense. This is exactly what is happening for a handful…
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3 Bullish Chart Patterns with Good Fundamentals
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| April 13th, 5:30 AM
3 Bullish Chart Patterns with Good Fundamentals
In technical analysis, classic chart patterns have varying degrees of success in predicting where a stock is headed. Several studies have shown that certain patterns have historically been right 80% of the time or more. This may sound fairly foolproof, but the glass half empty investor would point out the 20% chance of being dreadfully wrong. Because…
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Fastenal Is Why You Should Be Worried About The Broad Market
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| April 13th, 1:00 AM
Fastenal Is Why You Should Be Worried About The Broad Market
Good News Not Good Enough For Fastenal Fastenal (NASDAQ: FAST) reported a decent FQ1 but the report is a great example of what we have begun to fear in the market. The results were completely as expected,  margins are under pressure, and costs are rising throughout the supply chain. Granted, this is all the result of a rapidly reopening economy…
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Two Airlines Get Fresh Tailwinds From Upgrades 
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| April 14th, 1:00 AM
Two Airlines Get Fresh Tailwinds From Upgrades 
Spirit Airlines (NYSE: SAVE) and JetBlue (NASDAQ: JBLU) are the latest two airlines to grab the attention of Wall Street as the economic recovery continues to gather pace. Last week we covered similar moves with United (NASDAQ: UAL) and Alaska (NYSE: ALK) so it’s clear the upside potential in the airline space has some room to go yet. As a long…
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NXP Semiconductors Looks to Carry Momentum into 2021
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| April 14th, 6:20 AM
NXP Semiconductors Looks to Carry Momentum into 2021
NXP Semiconductors (NASDAQ: NXPI) had a rough 2020. The company – which derives nearly half of its revenue from its automotive business – saw full-year revenue drop 3% yoy to $8.6 billion. But that 3% dip doesn’t tell the whole story – it was an uneven year for NXP. In the second quarter, revenue decreased 18% yoy to $1.82 billion.
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Tesla Stock Steadies For A Fresh Rally
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| April 13th, 1:00 AM
Tesla Stock Steadies For A Fresh Rally
A 3.5% pop on Monday had shares of Tesla (NASDAQ: TSLA) right around their short-term resistance level of $710. They’ve been consolidating below there for the past month after selling off sharply in February and look ripe for a breakthrough. The catalyst for the 40% drop was the sudden uptick in interest rates, a macro factor that’s considered to be bearish for high growth and tech names like Tesla.
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Organigram Down On COVID-19 Impact, Buying Opportunity In Sight
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| April 13th, 1:00 AM
Organigram Down On COVID-19 Impact, Buying Opportunity In Sight
Lockdowns Cut Into Organigram Revenue  Cannabis investors that didn't get the message when Aphria (NASDAQ: APHA) reported should pay attention to Organigram (NASDAQ: OGI). The company just reported its worst results since the 2018 cannabis market implosion and has shares down by 10%. The reason is not because of any underlying weakness in the cannabis market, far from it, the reason is because of COVID-19.
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3 Reasons to Hitch a Ride with Uber Stock
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| April 13th, 6:15 AM
3 Reasons to Hitch a Ride with Uber Stock
Sometimes, you have a company like Uber (NYSE:UBER) that comes along and creates an innovative product or service which makes it difficult to imagine what life was like before it. If you aren’t familiar with this company, Uber provides a ridesharing application that offers a quick and convenient way to help people get from point A to point B and has essentially deemed taxis obsolete.
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Coinbase is here: A cryptocurrency exchange goes public
Coinbase is here: A cryptocurrency exchange goes public
| April 14th, 12:07 PM
Coinbase is here: A cryptocurrency exchange goes public
Wall Street is still waiting on the first trade for Coinbase, as the digital currency exchange makes its highly-anticipated debut on the stock market. Coinbase Global Inc. is making its initial public offering of stock Wednesday with cryptocurrency chatter seemingly everywhere, even at the U.S. Federal Reserve. Digital currencies are…
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How Badly Undervalued is Overstock Right Now?
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| April 12th, 1:30 PM
How Badly Undervalued is Overstock Right Now?
Overstock (NASDAQ:OSTK) made plenty of headway in 2020 thanks to its focus on home furniture and its completely online operation that made it both remarkably resistant to an increasingly attractive during the pandemic. While it's done very well for itself lately, that hasn't been as reflected in the current share price as some had hoped. The stock…
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U.S. Concrete Stock is a Top U.S. Infrastructure Play
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| April 13th, 6:00 AM
U.S. Concrete Stock is a Top U.S. Infrastructure Play
Concrete and aggregate products maker U.S. Concrete (NASDAQ: USCR) stock has been on a tear thanks to the housing boom and tailwinds created by the Biden infrastructure bill. The stock has benefited as both a pandemic benefactor from housing and re-opening play with infrastructure spending. Construction and raw materials prices including lumber, steel and concrete have surged double-to-triple digits in the last year.
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The Q1 Earnings Outlook: Why You Should Be Ready For A Correction
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| April 13th, 5:45 AM
The Q1 Earnings Outlook: Why You Should Be Ready For A Correction
What To Expect From The S&P 500 Q1 Earnings Season  One of our favorite data points to track is the weekly earnings consensus estimates from Factset. As good as the weekly predictions and outlook are, it is the trend of predictions and the outlook for future growth we're most concerned about. With the Q1 reporting season already underway…
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Coinbase is here: A digital currency exchange goes public
Coinbase is here: A digital currency exchange goes public
| April 14th, 7:42 AM
Coinbase is here: A digital currency exchange goes public
Wall Street will be focused on Coinbase Wednesday with the digital currency exchange becoming a publicly traded company. Coinbase is making its initial public offering of stock with cryptocurrency chatter seemingly everywhere, even at the U.S. Federal Reserve. It is being incorporated into the business plans and accepted by major corporations like Tesla, PayPal and Visa.
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Buy the Dip on Bally's as Huge New Moves are Planned
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| April 13th, 2:00 PM
Buy the Dip on Bally's as Huge New Moves are Planned
Bally's (NYSE:BALY) has been hit hard by the coronavirus and the various government restrictions placed on casino gaming and racetrack operations therein. Recently, however, the company sent news our way about moves it was making to help bring the company back to prominence. Though the company was down nearly 5% in premarket trading, what the company…
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Nasdaq (NASDAQ:NDAQ) Given New $178.00 Price Target at UBS Group
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| April 15th, 8:42 AM
Nasdaq (NASDAQ:NDAQ) Given New $178.00 Price Target at UBS Group
Nasdaq (NASDAQ:NDAQ) had its target price boosted by research analysts at UBS Group from $170.00 to $178.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has a "buy" rating on the financial services provider's stock. UBS Group's target price would indicate a potential upside of 13.06% from the company's previous close.How…
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Jefferies Financial Group Boosts JPMorgan Chase & Co. (NYSE:JPM) Price Target to $177.00
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| April 15th, 8:42 AM
Jefferies Financial Group Boosts JPMorgan Chase & Co. (NYSE:JPM) Price Target to $177.00
JPMorgan Chase & Co. (NYSE:JPM) had its price target raised by equities researchers at Jefferies Financial Group from $157.00 to $177.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the financial services provider's stock. Jefferies Financial Group's price target would indicate a potential upside of 17.06% from the stock's previous close.
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JPMorgan Chase & Co. Raises Honeywell International (NYSE:HON) Price Target to $250.00
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| April 15th, 8:42 AM
JPMorgan Chase & Co. Raises Honeywell International (NYSE:HON) Price Target to $250.00
Honeywell International (NYSE:HON) had its price objective lifted by research analysts at JPMorgan Chase & Co. from $200.00 to $250.00 in a research report issued on Thursday, Benzinga reports. The firm currently has an "overweight" rating on the conglomerate's stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 8.99% from the…
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HCA Healthcare (NYSE:HCA) PT Raised to $205.00
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| April 15th, 8:42 AM
HCA Healthcare (NYSE:HCA) PT Raised to $205.00
HCA Healthcare (NYSE:HCA) had its target price lifted by investment analysts at Mizuho from $195.00 to $205.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. Mizuho's target price points to a potential upside of 7.36% from the company's current price.Hospital…
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The Goldman Sachs Group (NYSE:GS) Price Target Raised to $400.00
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| April 15th, 8:42 AM
The Goldman Sachs Group (NYSE:GS) Price Target Raised to $400.00
The Goldman Sachs Group (NYSE:GS) had its price target increased by analysts at JMP Securities from $338.00 to $400.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has an "outperform" rating on the investment management company's stock. JMP Securities' price target would indicate a potential…
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Cree (NASDAQ:CREE) Price Target Raised to $110.00 at Deutsche Bank Aktiengesellschaft
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| April 15th, 8:42 AM
Cree (NASDAQ:CREE) Price Target Raised to $110.00 at Deutsche Bank Aktiengesellschaft
Cree (NASDAQ:CREE) had its price objective lifted by research analysts at Deutsche Bank Aktiengesellschaft from $100.00 to $110.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a "hold" rating on the LED producer's stock. Deutsche Bank Aktiengesellschaft's price target would indicate a potential downside of 0.63% from the stock's current price.Several other brokerages have also weighed in on CREE.
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JMP Securities Cuts CrowdStrike (NASDAQ:CRWD) Price Target to $265.00
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| April 15th, 8:42 AM
JMP Securities Cuts CrowdStrike (NASDAQ:CRWD) Price Target to $265.00
CrowdStrike (NASDAQ:CRWD) had its target price lowered by equities researchers at JMP Securities from $295.00 to $265.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has a "market outperform" rating on the stock. JMP Securities' target price points to a potential upside of 27.28% from the stock's previous…
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Victory Capital (NASDAQ:VCTR) Upgraded by Bank of America to Buy
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| April 15th, 8:41 AM
Victory Capital (NASDAQ:VCTR) Upgraded by Bank of America to Buy
Victory Capital (NASDAQ:VCTR) was upgraded by analysts at Bank of America from an "underperform" rating to a "buy" rating in a note issued to investors on Thursday, Benzinga reports. The firm presently has a $32.00 price target on the stock, up from their prior price target of $24.00. Bank of America's price target would suggest a potential upside of…
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Dell Technologies (NYSE:DELL) PT Raised to $95.00
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| April 15th, 8:41 AM
Dell Technologies (NYSE:DELL) PT Raised to $95.00
Dell Technologies (NYSE:DELL) had its price objective raised by Credit Suisse Group from $80.00 to $95.00 in a report released on Thursday, The Fly reports. The brokerage presently has a "neutral" rating on the technology company's stock. Credit Suisse Group's price objective would suggest a potential upside of 2.48% from the stock's previous close.Tech…
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Zelman & Associates Downgrades Lowe's Companies (NYSE:LOW) to Hold
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| April 15th, 8:41 AM
Zelman & Associates Downgrades Lowe's Companies (NYSE:LOW) to Hold
Lowe's Companies (NYSE:LOW) was downgraded by equities research analysts at Zelman & Associates from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Thursday, The Fly reports.Lowe's Has a Winning Quarter But Urges a Familiar CautionOther equities research analysts have also issued reports about the company. Citigroup Inc.
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NuStar Energy L.P. (NYSE:NS) Receives Average Recommendation of "Hold" from Brokerages
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| April 15th, 8:41 AM
NuStar Energy L.P. (NYSE:NS) Receives Average Recommendation of "Hold" from Brokerages
Shares of NuStar Energy L.P. (NYSE:NS) have been given a consensus recommendation of "Hold" by the twelve analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company.
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Tivity Health, Inc. (NASDAQ:TVTY) Given Average Rating of "Hold" by Brokerages
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| April 15th, 8:41 AM
Tivity Health, Inc. (NASDAQ:TVTY) Given Average Rating of "Hold" by Brokerages
Tivity Health, Inc. (NASDAQ:TVTY) has received an average rating of "Buy" from the ten research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $22.13.
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Bed Bath & Beyond (NASDAQ:BBBY) Given New $22.00 Price Target at KeyCorp
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| April 15th, 8:41 AM
Bed Bath & Beyond (NASDAQ:BBBY) Given New $22.00 Price Target at KeyCorp
Bed Bath & Beyond (NASDAQ:BBBY) had its price target decreased by research analysts at KeyCorp from $24.00 to $22.00 in a report released on Thursday, Benzinga reports. The brokerage currently has an "underweight" rating on the retailer's stock. KeyCorp's target price indicates a potential downside of 10.28% from the company's current price.Bed Bath…
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A. O. Smith Co. (NYSE:AOS) Receives Average Recommendation of "Hold" from Analysts
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| April 15th, 8:41 AM
A. O. Smith Co. (NYSE:AOS) Receives Average Recommendation of "Hold" from Analysts
A. O. Smith Co. (NYSE:AOS) has received an average recommendation of "Hold" from the twelve research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $58.86.
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Raymond James Increases Magellan Midstream Partners (NYSE:MMP) Price Target to $48.00
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| April 15th, 8:41 AM
Raymond James Increases Magellan Midstream Partners (NYSE:MMP) Price Target to $48.00
Magellan Midstream Partners (NYSE:MMP) had its target price lifted by analysts at Raymond James from $47.00 to $48.00 in a research note issued on Thursday, Benzinga reports. The firm presently has an "outperform" rating on the pipeline company's stock. Raymond James' price objective suggests a potential upside of 5.98% from the stock's current price.A number of other analysts also recently weighed in on MMP.
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Diamondback Energy, Inc. (NASDAQ:FANG) Receives Consensus Recommendation of "Buy" from Analysts
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| April 15th, 8:41 AM
Diamondback Energy, Inc. (NASDAQ:FANG) Receives Consensus Recommendation of "Buy" from Analysts
Diamondback Energy, Inc. (NASDAQ:FANG) has earned a consensus recommendation of "Buy" from the thirty-four research firms that are currently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation, twenty-one have assigned a buy recommendation and one has given a strong buy recommendation to the company.
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Albemarle Co. (NYSE:ALB) Receives Average Recommendation of "Hold" from Brokerages
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| April 15th, 8:41 AM
Albemarle Co. (NYSE:ALB) Receives Average Recommendation of "Hold" from Brokerages
Albemarle Co. (NYSE:ALB) has earned an average rating of "Hold" from the twenty-three research firms that are presently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $127.59.
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Virtus Investment Partners (NASDAQ:VRTS) Price Target Cut to $295.00
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| April 15th, 8:41 AM
Virtus Investment Partners (NASDAQ:VRTS) Price Target Cut to $295.00
Virtus Investment Partners (NASDAQ:VRTS) had its target price reduced by Morgan Stanley from $298.00 to $295.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an "equal weight" rating on the closed-end fund's stock. Morgan Stanley's price target would indicate a potential upside of 15.66% from the stock's current price.A number of other research firms also recently weighed in on VRTS.
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Lowe's Companies, Inc. (NYSE:LOW) Given Average Rating of "Buy" by Analysts
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| April 15th, 8:41 AM
Lowe's Companies, Inc. (NYSE:LOW) Given Average Rating of "Buy" by Analysts
Shares of Lowe's Companies, Inc. (NYSE:LOW) have received a consensus recommendation of "Buy" from the thirty-six analysts that are presently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and twenty-five have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $181.65.
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