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- S&P 500, Dow futures attempt recovery ahead of inflation report
- Oracle raises full year profit guidance, stock rises after hours
- Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacks
- Analysts split on Apple after foldable iPhone Duo debut
- JPMorgan upgrades Meta on AI models and agents, sees 'meaningful headroom'
- S&P 500 ends down as oil tops $100 per barrel
- White House copper tariff plan stalls amid affordability concerns, sources say
- Trump promises $5,000 payout to U.S. adults if Republicans win election
- Crude Inventory 0.4M Barrels Last Week - EIA
- Meta stock jumps 5% premarket: Analysts bullish on new Muse AI agent
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Rivian Automotive Inc (RIVN) PT Lowered to $16 at Deutsche Bank, 'We now see further downside risk'
February 14, 2024 6:15 AM ESTDeutsche Bank analyst Emmanuel Rosner lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $16.00 (from $19.00) while maintaining a Hold rating.
The analyst comments "We downgraded RIVN from Buy to Hold last month, primarily on concerns around the execution risk to achieve 2024 volume and profitability expectations, but now believe Rivian may also be wrestling with large demand... More
Gilead Sciences (GILD) PT Lowered to $75 at RBC Capital
February 14, 2024 5:24 AM ESTRBC Capital analyst Brian Abrahams lowered the price target on Gilead Sciences (NASDAQ: GILD) to $75.00 (from $76.00) while maintaining a Sector Perform rating.
The analyst comments "We had the opportunity to sit down with GILD's mgmt to catch up further on their quarter and... More
Home Depot (HD) and Lowe's Cos. (LOW) Trading Lower, Said to Receive Comments from Channel Check Boutique
February 13, 2024 9:13 AM ESTHome Depot (NYSE: HD) and Lowe's Cos. (NYSE: LOW) Trading Lower, Said to Receive Comments from Channel Check Boutique.
"Sales remain soft"... MoreKeyBanc on Big Lots (BIG): 'we believe the consumer backdrop remains a risk in the NT'
February 12, 2024 1:50 PM ESTKeyBanc analyst Bradley Thomas reiterated a Sector Weight rating on Big Lots (NYSE: BIG).
The analyst comments "This morning, BIG provided preliminary commentary on 4Q results, noting that comps, gross margin, operating expenses, and inventory were expected to be in line with guidance.... More
Rivian Automotive (RIVN) cut at Barclays as technology not enough to avoid EV winter
February 12, 2024 11:01 AM ESTBarclays downgraded shares of electric vehicle company Rivian Automotive (NASDAQ: RIVN) to Equal-Weight from Overweight in a note Monday, lowering the stock price target to $16 from $25 per share.
Analyst Dan Levy told investors that their downgrade is based on three factors, with the first being that the company has a... More
Citigroup (C) shares dip on report of new Fed demands to fix risk control
February 12, 2024 9:41 AM ESTCitigroup (NYSE: C) shares are down Monday after reports stated U.S. regulators have asked the bank for urgent changes regarding its process for measuring the default risk of its trading partners.
In addition, Reuters stated that the bank's own auditors feel a... More
