Brexit bump instills no confidence on sullen bond trading floors
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
UBS Raises Price Target on Morgan Stanley (MS) Following 2Q
July 21, 2016 9:28 AM EDTUBS reiterated a Buy rating on Morgan Stanley (NYSE: MS), and raised the price target to $34.00 (from $32.00), following the company's 2Q earnings report.
Analyst Brennan Hawken commented, "MS's FICC results certainly were a positive surprise but given the ongoing restructuring we caution against annualizing... More
BMO Capital Raises Price Target on Goldman Sachs (GS) Following EPS Beat
July 20, 2016 9:00 AM EDTBMO Capital reiterated an Outperform rating on Goldman Sachs (NYSE: GS), and raised the price target to $214.00 (from $197.00), following the company's 2Q earnings report. GS reported an EPS of $3.75 ahead of the consensus estimate of $3.04.
Analyst James Fotheringham commented, "GS's 2Q16 core EPS of... More
