U.S. stocks are rising after cooler-than-expected inflation stokes rate hopes
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StreetInsider.com Top Tickers, 6/23/2026
- 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
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- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
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- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
JPMorgan (JPM) premium valuation has now returned, Citi cuts to neutral
July 12, 2023 2:03 PM EDTOn Wednesday, Citi analyst Keith Horowitz downgraded JPMorgan (NYSE: JPM) to Neutral with a $160 per share price target.
The analyst explained to investors in a note previewing US bank stocks' second-quarter earnings that the JPM downgrade is based on its valuation.... More
Keybanc Positive on Microsoft (MSFT) (yesterday)
July 12, 2023 11:15 AM EDTMicrosoft (NASDAQ: MSFT)
The analyst comments "Today Microsoft announced the release of Entra Internet Access and Entra Private Access, effectively expanding into network security with SSE (Secure Service Edge), setting Microsoft up to more directly compete with PANW, ZS, NET, and... More
