Wall Street slips ahead of UK vote, ECB, Comey testimony
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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 St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Macy's (M) PT Lowered to $25 at BofA/Merrill Lynch Following Analyst Day
June 7, 2017 9:35 AM EDTBofA/Merrill Lynch lowered its price target on Macy's (NYSE: M) to $25.00 (from $31.00) while maintaining a Neutral rating following analyst day. Macys is optimistic it can stabilize sales in F17 and drive growth by F18/19, but acknowledges ongoing challenges.
Management reiterated F17... More
Macy's (M) PT Lowered to $24 at Jefferies Following Analyst Day
June 7, 2017 7:38 AM EDTJefferies lowered its price target on Macy's (NYSE: M) to $24.00 (from $27.00) while maintaining a Hold rating following analyst day. Management focused on LT initiatives to drive the biz including marketing, merchandising, omni capabilities, and real estate monetization.
Management guided GM's down... More
Macquarie Reiterates Outperform Ratings and $160 PT on Apple (AAPL); 'Solid, if Unsurprising, WWDC'
June 6, 2017 10:23 AM EDTMacquarie reiterates Outperform rating and $160 price target on Apple (NASDAQ: AAPL), as the company delivered new product announcements at its annual Worldwide Developers Conference (WWDC).
Analyst Benjamin Schachter notes the company announced new software versions for iOS, MacOS, and WatchOS,... More
Thor Industries Inc. (THO) PT Raised to $110 at BMO Capital on 3Q Beat; 'Demand in RV Industry Higher than Expected'
June 6, 2017 9:36 AM EDTBMO Capital raised its price target on Thor Industries Inc. (NYSE: THO) to $110.00 (from $97.00) while maintaining a Market Perform rating, following the company's third quarter earnings report.
Analyst Gerrick Johnson notes the company delivered third quarter earnings per share and revenue results... More
