Wall Street posts sharp gains, fueled by strong consumer data
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- 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
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Darden Restaurants (DRI) PT Raised to $81 at BMO Capital Following 3Q
March 29, 2017 9:08 AM EDTBMO Capital raised its price target on Darden Restaurants (NYSE: DRI) to $81.00 (from $80.00) while maintaining a Market Perform rating.
Analyst... More
Darden Restaurants (DRI) PT Raised to $90 at Canaccord Genuity
March 29, 2017 8:16 AM EDTCanaccord Genuity raised its price target on Darden Restaurants (NYSE: DRI) to $90.00 (from $84.00) while maintaining a Buy rating. DRI slightly raised its FY17 EPS guidance to $3.95-$4.00 (from $3.87 to $3.97), implying EPS of $1.11-$1.15 in Q4.
Analyst Lynne Collier commented, "Post-fiscal Q3, we... More
Red Hat (RHT) PT Raised to $82 at MKM Partners; Reiterates Neutral
March 28, 2017 10:47 AM EDTMKM Partners raised its price target on Red Hat (NYSE: RHT) to $82.00 (from $75.00) while maintaining a Neutral rating.
Analyst Kevin Buttigieg commented, "RHT's billings surged to its fastest growth rate in years and, at 29%, easily bested consensus expectations of mid-teens growth.... More
Red Hat (RHT) PT Raised to $110 at Drexel Hamilton Following 4Q
March 28, 2017 8:23 AM EDTDrexel Hamilton raised its price target on Red Hat (NYSE: RHT) to $110.00 (from $105.00) while maintaining a Buy rating. Red Hat reported 4Q sales of $628.8 million that beat the Street at $618.6 million, while pro forma EPS of $0.61 met the Street.
Analyst Brian White... More
Red Hat (RHT) PT Raised to $80 at Goldman Sachs
March 28, 2017 8:12 AM EDTGoldman Sachs raised its price target on Red Hat (NYSE: RHT) to $80.00 (from $72.00) while maintaining a Sell rating.
... MoreRed Hat (RHT) PT Raised to $96 at Barclays; Reiterates Overweight
March 28, 2017 7:38 AM EDTBarclays raised its price target on Red Hat (NYSE: RHT) to $96.00 (from $92.00) while maintaining a Overweight rating.
Analyst... More

