Wall St. rises, racks up fourth straight week of gains
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- Wall St futures kick off September under pressure as yields, oil prices rise
- Oil up around 2% as renewed US-Iran strikes stoke supply fears
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
UBS Raises Price Target on General Electric (GE) to $37 Following 2Q
July 25, 2016 8:17 AM EDTUBS reiterated a Buy rating on General Electric (NYSE: GE), and raised the price target to $37.00 (from $34.00), following the company's 2Q earnings report.
Analyst Shannon O'Callaghan commented, "2Q orders were down 16% organically, driven by a 30% organic decline in equipment orders, but we think... More
Jefferies Cuts Price Target on Starbucks Coffee (SBUX) Following In-Line Quarter
July 22, 2016 8:18 AM EDTJefferies maintained a Buy rating on Starbucks Coffee (NASDAQ: SBUX), and cut the price target to $65.00 (from $70.00) following the company's 3Q earnings report. SBUX reported an in-line EPS. Management maintained 2016 EPS guidance.
Analyst Andy Barish commented, "SBUX eked out an... More
