Palo Alto, Baidu, Stellantis rise premarket; Intel, CoStar fall
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- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
Baidu (BIDU) PT Raised to $190 at Mizuho Securities
February 22, 2023 5:05 PM ESTMizuho Securities analyst James Lee raised the price target on Baidu (NASDAQ: BIDU) to $190.00 (from $180.00) while maintaining a Buy rating.
The analyst commented, "We are starting to see the light at end of the tunnel for China's re-opening and anticipate Baidus core... More
Needham & Company Reiterates Buy Rating on Intel (INTC) Following Dividend Cut
February 22, 2023 1:01 PM ESTNeedham & Company analyst N. Quinn Bolton reiterated a Buy rating and $32.00 price target on Intel (NASDAQ: INTC) after it announced a major reset to its dividend policy with a ~66% reduction to $0.50 per year.
The analyst commented, "In addition to preserving FCF by... More
Intel (INTC) 'Ripping the Bandaid Off' with Dividend Cut - BMO
February 22, 2023 11:01 AM ESTBMO Capital analyst Ambrish Srivastava weighed in on Intel (NASDAQ: INTC) following today's dividend cut, which the analyst said it "had to do."
The analyst commented, "Intel had to do this. We had flagged this as one of the top... More
