Apple weighs on Wall St; energy shares a boost
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- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- S&P Global shares rise on report of possible CapIQ spinoff
Stifel Raises Price target on Zumiez, Inc. (ZUMZ) following 2Q Report
September 9, 2016 8:51 AM EDTStifel reiterated a Hold rating on Zumiez, Inc. (NASDAQ: ZUMZ), and raised the price target to $17.00 (from $16.00), following the company's 2Q earnings report. The company established its 3Q EPS guidance in the range of $0.21-$0.26, below our previous estimate of $0.30 and consensus of... More
RBC Capital Cuts Price Target on Sprouts Farmers Market (SFM) to $31; Reiterates Outperform
September 9, 2016 7:09 AM EDTRBC Capital maintained an Outperform rating on Sprouts Farmers Market (NASDAQ: SFM), and cut the price target to $31.00 (from $33.00). Sprouts lowered its 3Q and FY16 guidance ahead of presenting at a competitor conference to reflect persistent deflationary pressures and intensified promotional environment. Sprouts... More
UBS Reiterates Buy on Apple (AAPL) Following Product Launch
September 8, 2016 8:53 AM EDTUBS reiterated a Buy rating and $115.00 price target on Apple (NASDAQ: AAPL) following the company's New product announcements. The iPhone 7 and 7 Plus came as advertised. The 7 starts at $649 and the 7 Plus at $769 with a storage range of 32-256GB, doubling storage at... More
UBS Cuts Price Target on Tractor Supply (TSCO) to $88; Reiterates Buy
September 8, 2016 8:35 AM EDTUBS maintained a Buy rating on Tractor Supply Company (NASDAQ: TSCO), and cut the price target to $88.00 (from $102.00), following the company's pre-announcement. TSCO lowered its FY EPS outlook to $3.22-$3.26 from $3.35-$3.40.
Analyst Michael Lasser commented, "Historically, TSCO's performance provided evidence to support that it could power through external factors such... More
