Wall St. notches minor gains as economic data pours in
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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Wedbush Raises price Target on Michael Kors (KORS) Following 4Q Report
June 2, 2016 7:36 AM EDTWedbush reiterated a Neutral rating on Michael Kors (NYSE: KORS), and raised the price target to $46.00 (from $43.00), following the company's 4Q earnings report. KORS reported an EPS of $0.98, a penny above Wedbush's estimates. The results were driven by better than expected sales and gross margin. The company's 1Q non-GAAP EPS guidance of... More
Mizuho Securities Remains Sidelined on Michael Kors (KORS) Following 4Q EPS Beat
June 1, 2016 2:38 PM EDTMizuho Securities reiterated a Neutral rating and $50.00 price target on Michael Kors (NYSE: KORS) following the company's 4Q earnings report. KORS reported an EPS of $0.98, beating the Streets $0.97 estimate. Mizuho decided to adjust its 1Q EPS estimates to $0.72 from $0.94 reflecting global comps of (5)%,... More
BTIG Affirms salesforce (CRM) at 'Buy' Amid Move to Acquire Demandware (DWRE)
June 1, 2016 11:29 AM EDTBTIG affirms salesforce.com (NYSE: CRM) at Buy with a price target of $100 following news that the company would move to acquire Demandware (NYSE: DWRE).
Analyst Joel P. Fishbein commented, The deal would... More
Sterne Agee CRT Remains Bullish on Under Armour (UA) Following Updated Guidance
June 1, 2016 8:20 AM EDTSterne Agee CRT maintained a Buy rating and $60.00 price target on Under Armour, Inc. (NYSE: UA) as guidance is lowered to reflect TSA bankruptcy. EBIT guidance was reduced from $503M-$507M to $440M-$445M. However, despite the lowered guidance, UA remains a top pick for long-term growth... More
