Wall Street stumbles as bond yield climb continues
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- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
Buckingham Research Reiterates Underperform on Netflix (NFLX) Following Sell-Off
October 8, 2018 8:17 AM EDTBuckingham Research analyst, Matthew Harrigan, reiterated an Underperform rating and $305.00 price target on Netflix (NASDAQ: NFLX) following the company's recent sell-off.
Netflix could be especially vulnerable to recent interest rate increases despite mild funding cost effects, given its long-date free cash flow... More
Constellation Brands (STZ) PT Raised to $300 at Pivotal Research After 'Beautiful Quarter'
October 5, 2018 1:46 PM EDTPivotal Research analyst Timothy Ramey raised the price target on Constellation Brands (NYSE: STZ) to $300.00 (from $265.00) while maintaining a Buy rating.
Ramey declares "this was a beautiful quarter."
",,, the guidance boost is a clear signal that core STZ is on an... More
Barclays Remains Bullish on Constellation Brands (STZ)
October 5, 2018 7:27 AM EDTBarclays analyst, Lauren Lieberman, reiterated an Overweight rating and $257.00 price target on Constellation Brands (NYSE: STZ). Lieberman says that STZ continues to be the rare example of a company thats delivering top & bottom line growth while investing for the future.... More
Constellation Brands (STZ) PT Raised to $255 at Morgan Stanley Following 2Q
October 5, 2018 7:06 AM EDTMorgan Stanley analyst Dara Mohsenian raised the price target on Constellation Brands (NYSE: STZ) to $255.00 (from $251.00) while maintaining a Overweight rating following the company's 2Q. Following the Q2 EPS beat and raised FY19 guidance, Morgan Stanley increased FY19 EPS estimates by ~1% to $9.46 (from... More
Constellation Brands (STZ) PT Raised to $174 at Susquehanna
October 4, 2018 2:06 PM EDTSusquehanna analyst Pablo Zuanic raised the price target on Constellation Brands (NYSE: STZ) to $174.00 (from $165.00) while maintaining a Negative rating.
The firm's new FY19 comparable EPS is $9.50 vs. $9.02 before (new guidance $9.60-9.75).
... More
