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Existing home sales, Li Auto earnings, Foot Locker outlook: 3 things to watch
November 17, 2022 4:29 PM ESTBy Liz Moyer
Investing.com -- Stocks closed lower on Thursday as investors took in comments from Federal Reserve officials that indicated interest rate increases are still in the cards.
There was some hope last week that the Fed could start to step off its aggressive pace of rate hikes, starting next month, after data showed inflation is cooling. But a still-strong labor market and strong consumer spending data this... More
Today's most important upgrades
November 17, 2022 3:42 PM ESTArgus upgraded Equity Residential (NYSE: EQR) to Buy from Hold with a price target of $72.00, noting that the company is now benefiting from high barriers to home ownership, including high mortgage rates and housing prices.
Piper Sandler upgraded Target (NYSE:... More
XPeng (XPEV) trades down following UBS Upgrade to Buy
November 17, 2022 11:21 AM ESTShares of XPeng (NYSE: XPEV) are down 3.55% in mid-day trading on Thursday after UBS upgraded the stock to a Buy rating (from Neutral) and cut the price target to $13.00 following an 84% YTD price decline. Even as investors have become generally bearish on XPEV following... More
UBS Upgrades XPeng (XPEV) to Buy
November 17, 2022 8:05 AM ESTUBS analyst Paul Gong upgraded XPeng (NYSE: XPEV) from Neutral to Buy with a price target of $13.00 (from $34.00).
For an analyst ratings summary and ratings history on XPeng click here. For more ratings news on XPeng click here.
Shares of XPeng closed at $8.03 yesterday.
... More