Wall St. ends flat as recent rally spurs caution
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- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Rescue work underway after quakes rock Venezuela, 'high casualties' likely
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
Canaccord Genuity Raises Price Target on Starwood Hotels (HOT) Following New Marriott (MAR) Offer
March 23, 2016 10:20 AM EDTCanaccord Genuity reiterated a Buy rating on Starwood Hotels & Resorts (NYSE: HOT), and raised the price target of $88.00 (from $76.00), following a new MAR offer. UBS believes that MAR's current offer of $21 in cash and 0.80 MAR shares for every HOT share is the most attractive offer on the table today. Any further offer from Anbang would need to be at or above this... More
Longbow Research Downgrades Valspar (VAL) to Neutral
March 22, 2016 11:36 AM EDTLongbow Research earlier downgraded Valspar (NYSE: VAL) from Buy to Neutral.
For an analyst ratings summary and ratings history on Valspar click here. For more ratings news on Valspar click here.
Shares of Valspar closed at $103.22 yesterday.
... MoreOppenheimer Reiterates Outperform as Apple (AAPL) Introduces New 4-Inch iPhone
March 22, 2016 9:33 AM EDTOppenheimer reiterated an Outperform rating and $120.00 price target on Apple (NASDAQ: AAPL) after the company announced new products at a press event. AAPL released a new, smaller 4-inch, iPhone at a more affordable price point of $399. The company also released a new 9.7-inch iPad Pro, a series of... More
BMO Capital Remains Bullish on Apple (AAPL) Following New Product Announcements
March 22, 2016 9:23 AM EDTBMO Capital reiterated an Outperform rating and $130.00 price target on Apple (NASDAQ: AAPL) following a small product announcement event at its campus in Cupertino. The new iPhone is by far the most meaningful announcement today, as it helps Apple better capture share of the Android-dominated mass market. The... More
Piper Jaffray Raises Price Target on IHS (IHS) as Planned Markit Merger Creates Earnings Value
March 22, 2016 6:48 AM EDTPiper Jaffray reiterated a Neutral rating on IHS Inc. (NYSE: IHS), and raised the price target to $123.00 (from $111.00), as the company's planned merger with Markit creates earnings leverage. IHS shareholders will receive 3.5566 shares of the new IHS Markit, resulting in IHS owners holding 57%... More
UBS Raises Price Target on Sherwin-Williams (SHW) Ahead of Valspar Acquisition Conference Call
March 21, 2016 8:49 AM EDTUBS reiterated a Neutral rating on Sherwin-Williams (NYSE: SHW), and raised the price target to $290.00 (from $270.00), ahead of a company conference call to discuss the proposed acquisition of Valspar for ~$11.3B. VAL brings anchor architectural positions in Australia/New Zealand & China, and supports SHW's... More

