Wall Street gains as weak services data raises rate-cut expectations
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
SunTrust Reiterates Hold Rating on Pepsico (PEP)
October 4, 2019 8:33 AM EDTSunTrust analyst Bill Chappell reiterated a Hold rating and $125.00 price target on Pepsico (NASDAQ: PEP) following the company's 3Q earnings report. For 3Q, PEP reported net sales of $17.19B above the consensus estimate of $16.93B. Core EPS was $1.56, above consensus estimate of $1.50.
SunTrust... More
RBC Capital Reiterates Outperform Rating on Constellation Brands (STZ)
October 4, 2019 7:38 AM EDTRBC Capital analyst Nik Modi reiterated an Outperform rating and $250.00 price target on Constellation Brands (NYSE: STZ). STZ results were right in-line with our estimates, but investors seem to be caught up on the beer depletions.
RBC Capital raised FY'20 EPS estimates excl. Canopy to $9.15 from... More
GoPro (GPRO) PT Lowered to $6 at JPMorgan
October 3, 2019 8:54 AM EDTJPMorgan analyst Paul Coster lowered the price target on GoPro (NASDAQ: GPRO) to $6.00 (from $8.00) while maintaining a Neutral rating.
... MoreOppenheimer Reiterates Outperform Rating on Tesla (TSLA) Following 3Q Delivery Report
October 3, 2019 8:29 AM EDTOppenheimer analyst Colin Rusch reiterated an Outperform rating and $356.00 price target on Tesla (NASDAQ: TSLA) following the company's 3Q delivery report. Deliveries beat consensus of ~95K vehicles, and the company continued to work down finished goods inventory as production for the quarter was... More
Wedbush Reiterates Neutral Rating on GoPro (GPRO)
October 3, 2019 8:19 AM EDTWedbush analyst Michael Pachter reiterated a Neutral rating and $5.50 price target on GoPro (NASDAQ: GPRO). GoPro announced its new HERO8 Black, which expands upon HERO7 Black innovations with HyperSmooth 2.0 and TimeWarp 2.0. HERO8 Black will be launched at $399.99, in line with the HERO7 Black... More
