Apple weighs on Wall St; energy shares a boost
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- S&P 500, Nasdaq slip as Iran tensions test markets in high-stakes week
- Oil falls ahead of US announcement of new sanctions on Iran
- 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
- Wattmore and Eos Energy strike non-exclusive storage software deal
- S&P 500, Nasdaq slip as Iran tensions test markets in high-stakes week
- RUM Group signs $13.7 billion GPU services deal, issues warrants
- XPeng Inc. (XPEV) Misses Q2 EPS by 100c ; Provides Outlook
- Hungarian Gripen jet crashes, no injuries reported, PM Magyar says
Stifel Raises Price target on Zumiez, Inc. (ZUMZ) following 2Q Report
September 9, 2016 8:51 AM EDTStifel reiterated a Hold rating on Zumiez, Inc. (NASDAQ: ZUMZ), and raised the price target to $17.00 (from $16.00), following the company's 2Q earnings report. The company established its 3Q EPS guidance in the range of $0.21-$0.26, below our previous estimate of $0.30 and consensus of... More
RBC Capital Cuts Price Target on Sprouts Farmers Market (SFM) to $31; Reiterates Outperform
September 9, 2016 7:09 AM EDTRBC Capital maintained an Outperform rating on Sprouts Farmers Market (NASDAQ: SFM), and cut the price target to $31.00 (from $33.00). Sprouts lowered its 3Q and FY16 guidance ahead of presenting at a competitor conference to reflect persistent deflationary pressures and intensified promotional environment. Sprouts... More
UBS Reiterates Buy on Apple (AAPL) Following Product Launch
September 8, 2016 8:53 AM EDTUBS reiterated a Buy rating and $115.00 price target on Apple (NASDAQ: AAPL) following the company's New product announcements. The iPhone 7 and 7 Plus came as advertised. The 7 starts at $649 and the 7 Plus at $769 with a storage range of 32-256GB, doubling storage at... More
UBS Cuts Price Target on Tractor Supply (TSCO) to $88; Reiterates Buy
September 8, 2016 8:35 AM EDTUBS maintained a Buy rating on Tractor Supply Company (NASDAQ: TSCO), and cut the price target to $88.00 (from $102.00), following the company's pre-announcement. TSCO lowered its FY EPS outlook to $3.22-$3.26 from $3.35-$3.40.
Analyst Michael Lasser commented, "Historically, TSCO's performance provided evidence to support that it could power through external factors such... More
