Notable 52-Week Highs and Lows 8/16: (DKS) (MOMO) (EBIO) High; (EAC) (EBS) Low
- Wall St drops as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Credit Suisse Raises Price Target on Dick's Sporting Goods (DKS) to $55 Following Strong 2Q
August 17, 2016 11:24 AM EDTCredit Suisse reiterated a Neutral rating on Dick's Sporting Goods (NYSE: DKS), and raised the price target to $55.00 (from $48.00), following the company's 2Q earnings report. EPS of $0.82 was ahead of the Street by $0.13 on higher comps and better gross margins. Comps of +2.8% were... More