Wall Street ends higher but indexes mark worst week since March selloff
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- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
MKM Partners Reiterates Buy on Lululemon Athletica Inc. (LULU), Remains Confident in Recovery, Buy the Pullback
June 12, 2020 9:11 AM EDTMKM Partners analyst Roxanne Meyer reiterated a Buy rating and $378.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU)
The analyst comments "While LULU's 1Q was significantly better than we were bracing for, owed to a favorable product margin and significantly less fixed cost deleverage than we would have... More
Lululemon Athletica Inc. (LULU) PT Raised to $330 at Baird Following 1Q Report
June 12, 2020 8:58 AM EDTBaird analyst Mark Altschwager raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $330.00 (from $300.00) while maintaining a Outperform rating following the company's 1Q earnings report. EPS was near consensus ($0.22 vs. $0.23), boosted by lower taxes. Big picture, revenue (-17%) and EBIT (-75% Y/Y;... More
Adobe (ADBE) PT Raised to $460 at Baird
June 12, 2020 8:47 AM EDTBaird analyst Rob Oliver raised the price target on Adobe (NASDAQ: ADBE) to $460.00 (from $345.00) while maintaining an Outperform rating.
The analyst commented, "Adobe reported solid 2Q20 (May) results, and strength in net new ARR will bekeenly welcomed by investors, while a few headwinds will... More
Adobe (ADBE) PT Raised to $427 at Griffin Securities
June 12, 2020 8:26 AM EDTGriffin Securities analyst Jay Vleeschhouwer raised the price target on Adobe (NASDAQ: ADBE) to $427.00 (from $334.00) while maintaining a Buy rating.
... More