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Market News

US Index UP as investors buy up oversold stocks Tuesday

18 May 2022 09:22:39

U.S. stock indexes posted strong gains Tuesday as investors buy up oversold shares in the technology banking airline and other sectors.The S&P 500 climbed 80.84 points or 2% to close at 4088.85. The Dow Jones Industrial Average rose 431.17 points...

Walmart Inc. was rated Buy with a $175 price target at Jefferies

17 May 2022 13:52:58

Walmart Inc. (NYSE WMT) Jefferies kept a Buy rating in front of the upcoming earnings report which marks the unofficial end of the S&P 500 firstquarter earnings reporting season. The analysts have a $175 price target for the retail giant...

JP Morgan Chase & Co. rated as Hold with a $125 price target at Jefferies

17 May 2022 13:13:44

JPMorgan Chase & Co. (NYSE JPM) Jefferies maintained a Hold rating on the financial services giant and has a $125 target price. The consensus target is up at $157.32. The shares closed at $118.07 on Monday....

Caterpillar was reiterated as Buy rating with a $260 price target at Jefferies

17 May 2022 12:58:47

Caterpillar Inc. (NYSE CAT) Jefferies reiterated a Buy rating ahead of the upcoming investor day (June 14) and it has a $260 price objective The consensus target is $235.12. Mondays final trade was for $206.85...

Netflix Inc. was upgraded to Outperform from neutral with a $280 price target at Wedbush Securities

17 May 2022 11:28:22

One of the most bearish ratings on Wall Street. Wedbushs Michael Pachter is changing his outlook for Netflix (NFLX). Wedbush upgraded Netflix to outperform from Neutral with a $280 price target Monday.The analyst says his upgrade comes as Netflix is...