Wall Street ends higher but indexes mark worst week since March selloff
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- Wall St slips as steep oil prices stoke inflation concerns ahead of CPI
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Citi initiates UiPath coverage with Buy rating and $23 target
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- Harry and Meghan surprised by King Charles' letter on their status
- Wall St slips as steep oil prices stoke inflation concerns ahead of CPI
- Qualcomm to issue warrant to Amazon for up to 25M shares
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
MKM Partners Reiterates Buy on Lululemon Athletica Inc. (LULU), Remains Confident in Recovery, Buy the Pullback
June 12, 2020 9:11 AM EDTMKM Partners analyst Roxanne Meyer reiterated a Buy rating and $378.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU)
The analyst comments "While LULU's 1Q was significantly better than we were bracing for, owed to a favorable product margin and significantly less fixed cost deleverage than we would have... More
Lululemon Athletica Inc. (LULU) PT Raised to $330 at Baird Following 1Q Report
June 12, 2020 8:58 AM EDTBaird analyst Mark Altschwager raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $330.00 (from $300.00) while maintaining a Outperform rating following the company's 1Q earnings report. EPS was near consensus ($0.22 vs. $0.23), boosted by lower taxes. Big picture, revenue (-17%) and EBIT (-75% Y/Y;... More
Adobe (ADBE) PT Raised to $460 at Baird
June 12, 2020 8:47 AM EDTBaird analyst Rob Oliver raised the price target on Adobe (NASDAQ: ADBE) to $460.00 (from $345.00) while maintaining an Outperform rating.
The analyst commented, "Adobe reported solid 2Q20 (May) results, and strength in net new ARR will bekeenly welcomed by investors, while a few headwinds will... More
Adobe (ADBE) PT Raised to $427 at Griffin Securities
June 12, 2020 8:26 AM EDTGriffin Securities analyst Jay Vleeschhouwer raised the price target on Adobe (NASDAQ: ADBE) to $427.00 (from $334.00) while maintaining a Buy rating.
... More