Wall St. slips on U.S.-China trade talk uncertainty; energy falls

AutoZone (AZO) PT Lowered to $668 at RBC Capital

May 23, 2018 9:11 AM EDT

RBC Capital lowered its price target on AutoZone (NYSE: AZO) to $668.00 (from $728.00) while maintaining a Sector Perform rating.

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Cowen Remains Bullish on Kohl's Corp. (KSS)

May 23, 2018 8:10 AM EDT

Cowen reiterated an Outperform rating and $76.00 price target on Kohl's (NYSE: KSS) following the company's 1Q earnings report. KSS did beat and raise guidance; however, sentiment turned cautious intra-call given that 1Qs +3.6% comp benefited by +320bps from a calendar shift.

The... More

Kohl's (KSS) PT Maintained at $60 at Piper Jaffray on 1Q Report; 'Margin Improvement Offset by Softer Underlying 1Q Comps... Remain Sidelined'

May 23, 2018 6:20 AM EDT

Piper Jaffray maintained its price target on Kohl's (NYSE: KSS) at $60.00 while maintaining a Neutral rating, following the company's first quarter earnings report.

Analyst Erinn Murphy affirms price rating and outlook on the shares, as KSS reported first quarter earnings per share and... More

Micron Technology (MU) PT Raised to 'Street High' $115 at Rosenblatt

May 22, 2018 9:07 AM EDT

Rosenblatt raised its price target on Micron Technology (NASDAQ: MU) to a 'Street High' $115.00 (from $110.00) while maintaining a Buy rating.

Analyst Hans Mosesmann commented, "Micron executed one of its best investor days we can remember by cementing the case of the structural... More

Micron Technology (MU) PT Raised to $100 at Needham & Company; 'Massive Capital Return Steals the Show'

May 22, 2018 8:49 AM EDT

Needham & Company raised its price target on Micron Technology (NASDAQ: MU) to $100.00 (from $76.00) while maintaining a Buy rating.

Analyst Rajvindra Gill commented, "Following Micron's Analyst Day in New York and positive pre-announcement, we are increasing our PT to $100. We are now getting... More

Optical Component Stocks Gain as Trump Nears Deal to Settle ZTE Matter

May 22, 2018 8:01 AM EDT

Optical component stocks are indicated to open higher as President Trump neared a deal to lift its ban on U.S. firms supplying Chinese telecoms gear maker ZTE Corp.

Acacia Communications (NASDAQ: ACIA) +3.9%Lumentum (NASDAQ: LITE) +1.6%Oclaro (NASDAQ: OCLR) +1.4%Finisar (NASDAQ: FNSR) +0.7%... More

Auto Stocks Gain as China to Cut Import Tariffs

May 22, 2018 7:56 AM EDT

Auto stocks are higher early Tuesday as China said, in a surprise move, it will cut import tariffs for automobiles and car parts.

Import tariffs will be cut to 15 percent from 25 percent for most vehicles from July 1, the Ministry of Finance said.

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Ferrari... More