Morgan Stanley Boosts PT on Goodyear Tire (GT) to $24 Amid Seeing Multiple GM Headwinds
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- Wall St stocks end higher with major corporate earnings in view
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Cadence (CDNS) tumbles despite Q1 beat on top and bottom lines
- Tesla expands price cuts to China, Germany after reducing FSD cost; shares down
- Gold prices slide as M.East fears ease, rate jitters persist
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
Post-Election Themes a Mixed Blessing for Hedge Funds; 13 New Stocks Added to Goldman Sachs Hedge Fund VIP List
November 22, 2016 10:36 AM ESTGoldman Sachs released its latest Hedge Fund Trend Monitor, including its Hedge Fund VIP list. Strategists including Ben Snider and David Kostin noted that hedge funds and mutual funds both entered 4Q 2016 with large overweights in Info Tech stocks, which outperformed S&P 500 by 650 bp through October, but have lagged by 300 bp in the past week as funds reallocated post-election. Hedge fund portfolios have received a mixed blessing from post-election market themes, benefiting from rallies in Health Care and value stocks but finding themselves underweight in Financials. They note fund positions helped drive the sharp post-election sector... More
Berenberg Starts Goodyear Tire & Rubber (GT) at Buy
November 22, 2016 8:15 AM ESTBerenberg initiates coverage on Goodyear Tire & Rubber (NASDAQ: GT) with a Buy rating and a price target of $36.00.
Analyst Paul Kratz commented, "We initiate on Goodyear with a Buy rating and price target of $36: We view Goodyear as the best defensive... More
