Oil rises on Syria tensions, up most in week since July
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- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Tech selloff weighs down Wall Street as bond yields climb
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
JPMorgan Reiterates Underweight on General Electric (GE)
April 16, 2018 1:40 PM EDTJPMorgan reiterated an Underweight rating and $11.00 price target on General Electric (NYSE: GE). Analyst Stephen Tusa says that there was no obvious headline bombshell event on the restatements, though there is plenty to reinforce JPMorgan's negative thesis and suggests that the $11 PT... More
BofA/Merrill Lynch Remains Sidelined on General Electric (GE)
April 16, 2018 8:43 AM EDTBofA/Merrill Lynch reiterated a Neutral rating and $17.00 price target on General Electric (NYSE: GE) after the company restated 16 and 17 financials to incorporate new accounting rules, which many had expected to be a negative catalyst for the stock. EPS adjustments came in line with... More
