Wall Street rises as financials lead before earnings
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
BofA/Merrill Reiterates Buy Rating & $99 PO on JPMorgan (JPM) Following 2Q Beat; 'Initial Market Reaction Overdone... Potential to Unlock ROE from De-Regulation'
July 17, 2017 9:10 AM EDTBofA/Merrill Lynch reiterates Buy rating and $99 price objective on JPMorgan (NYSE: JPM), following the company's second quarter earnings announcement.
Analyst Erika Najarian notes the company demonstrated underperformance against the broad market after releasing second quarter earnings results that were ahead of consensus... More
Citi (C) PT Raised to $72 at Credit Suisse Following 2Q Release
July 17, 2017 7:55 AM EDTCredit Suisse raised its price target on Citi (NYSE: C) to $72.00 (from $64.00) while maintaining a Outperform rating following the company's 2Q earnings report.... More
JPMorgan (JPM) PT Raised to $103 at Credit Suisse Following 2Q EPS Beat
July 17, 2017 7:35 AM EDTCredit Suisse raised its price target on JPMorgan (NYSE: JPM) to $103.00 (from $102.00) while maintaining a Outperform rating following the company's 2Q. JPMorgan reported 2Q17 EPS of $1.82; better than the consensus estimate of $1.58.... More
Baird Remains Sidelined on Target (TGT) Following Updated Guide
July 14, 2017 7:40 AM EDTBaird reiterated a Neutral rating and $55.00 price target on Target (NYSE: TGT) following the company's updated 2Q guidance. Management cited broadbased improvement in traffic and category trends. Comps are now seen as up modestly, with adjusted EPS above the high end of prior $0.95-$1.15... More
